A competitive advantage can be gained by doing what?

• A.Increasing your prices
• B.Engaging in market research
• C.Building better relationships with primary stakeholders
• D.Completing formal tenders for all buying requirements

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Togo Bongos is a manufacturer of percussion instruments, in particular of bongo drums. It requires electricity to run its factories and this is a major factor of cost impact. There are lots of suppliers of electricity in the market and there is no switching costs if Togo Bongos wanted to switch suppliers. What type of supplier is Togo Bongo's electricity supplier?

• A.strategic
• B.leverage
• C.routine
• D.bottleneck

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Which of the following is not a type of tender process used in the Public Sector?

• A.Restricted
• B.Competitive Procedure with Negotiation
• C.Competitive Dialogue
• D.Unrestricted

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Robbie is a procurement manager at a public sector organisation. He is running a tender which is worth £2m and so will advertise this on OJEU. His manager has reminded Robbie to include CPV codes on the tender. What purpose would this serve?

• A.To ensure suppliers know the deadline for tender submission
• B.To ensure suppliers can find the opportunity
• C.To ensure more suppliers bid for the tender
• D.To ensure only qualified suppliers bid for the tender

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Kinky Boots Ltd provides high heeled shoes in large sizes. Their target market are Drag Queens. There are a couple of rival shoe manufacturers in this market and Kinky Boots Ltd offer the cheapest high heels. What strategy is Kinky Boots Ltd employing in terms of competitive advantage?

• A.cost leadership
• B.differentiation
• C.cost focus
• D.differentiation focus

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