Business, Commercial, and Financial Awareness

What is the primary focus of Unit 13.2?

• Marketing strategies

• Business and commercial practices

• Financial accounting

• Human resources management

A _______ supplies the product or service.

• Customer

• Supplier

• Manufacturer

• Retailer

The Client is of the opinion that the Contractor has the necessary ________, experience, and abilities to provide services.

• Skills

• Qualifications

• Tools

• Resources

Which of the following is NOT a characteristic of tendering?

• A) It is a formal process

• B) It involves generating competing offers

• C) It is unstructured

• D) It allows suppliers to bid.

According to the Bribery Act 2010, a company can be guilty of bribery if a bribe is paid to ______.

• lose business

• gain a business advantage

• hire more staff

• lower prices

Which of the following is NOT typically included in a contract?

• Deadlines

• Costs

• Description of products

• Personal opinions.

A warranty can be relied upon by which party?

• The contractor

• The customer

• The supplier

• The manufacturer