This Unit Standard is intended for people who use the tendering process to secure new business for their own business venture.
The qualifying learner will be able to:
- Dentify information resources of available business and new markets accessed through tendering processes.
- Analyze tender documents for viability in the new venture context.
- Demonstrate an understanding of the relationship between costs, revenue, and profits in securing the tender.
- Negotiate with suppliers and investigate new products/services to apply competitive tender costing.