What is the correct order of the stages of team development?

• A.Forming, storming, norming, performing
• B.Forming, norming, performing, storming
• C.Storming, forming, performing, norming
• D.Storming, forming, norming, performing

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Jenny is a procurement manager who works in the public sector. She has been charged with organising a tender to source new Xray machines for a hospital and to ensure that they receive 'value for money'. Which of the following should Jenny consider when drafting her ITT?

• A.Price only
• B.Equity
• C.Whole life costs
• D.Availability

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Cigarettes and alcohol are often described as having an 'inelastic price'. What does this mean?

• A.Changes in price will greatly affect how much of the item is bought
• B.Changes in price will not affect how much of the item is bought
• C.The product is subject to high rates of tax
• D.The product is subject to age restrictions

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What is value mapping?

• A.Analysing the costs that go into making a product
• B.Creating value through the elimination of waste and operational inefficiencies
• C.Segmenting suppliers based on the value they bring to the company
• D.Make vs Buy decision

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Which of the following is not a stage in the relationship life-cycle?

• A.on-boarding
• B.qualification
• C.performance management
• D.design the specification

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