Question: The Business Model Mapping process has four - step: Step 1 . Select the defined spend category / categories you are sourcing / potentially sourcing.

The Business Model Mapping process has four-step:
Step 1. Select the defined spend category/categories you are sourcing/potentially sourcing.
Step 2. Use the Business Model Mapping template to determine the best relationship model for what you are sourcing. (Map the first 14 attributes on page 1 of the template.)
Step 3. Use the Business Model Mapping template to determine the best economic model for what you are sourcing. (Map the 11 attributes on page 2 of the template.)
Step 4. Use the Business Model Mapping matrix to develop a consensus view of the right Sourcing Business Model for you. The best model is a combination of your chosen relationship model and economic model.
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True
False

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