This PAS specifies requirements for the effective management of collaborative business relationships between discrete organizations. It is applicable to organizations of all sizes from large multinational corporations to micro/small businesses. The application of this PAS has to be tailored to the size of the organizations involved. Application of and/or compliance with this PAS can be on four different levels: a single relationship; an individual type of relationship; multiple types of relationships; full application to all types of relationships. This PAS does not cover Business-to-Consumer relationships, employer/employee relationships or IT systems which support business relationships. The eight-stage framework specified in this PAS assists organizations to assess and develop their own particular profile and approach to collaborative business relationships. The key eight phases are as follows: awareness; knowledge; internal assessment; partner selection; working relationship; additional value creation; staying together; exit strategy.