D2 Business Needs

2. What a seller charges for a package of benefits
7. A process which involves the supplier at an early stage in product or service development
8. Delegation of work previously done in house to an external service provider
10. What the buying organisation pays to acquire the goods
11. A specification where the buyer details exactly what the product must consist of.
12. Set of moral principles and values
13. Plan quantified in monetary terms
15. Data collected for a particular purpose directly from the relevant source
16. An agreement between two or more parties intended to be legally binding

1. An agreed quantifiable measure of performance
2. A specification where the buyer expects the product or service to achieve
3. An item which occurs in nature
4. LEVEL AGREEMENT Formal statement of minimum requirements relating to a service
5. CASE A formal justification of a proposal
6. Documents which stipulate minimum levels of performance in a particular industry
9. Monetary compensation to cover a loss
14. A process where the buyer is involved in specifications
16. A high value asset for long term use in a business