Winter Sale - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

Free and Premium CIPS L5M15 Dumps Questions Answers

Page: 1 / 7
Total 88 questions

Advanced Negotiation Questions and Answers

Question 1

Which of the following behaviours can lead to a breakdown in trust because of the perceived lack of honesty?Select TWO

Options:

A.

Using hardball negotiation techniques

B.

Exaggerated claims

C.

Favouritism

D.

Lack of a fixed agenda

Buy Now
Question 2

Which of the following isnotan example of an environmental KPI?

Options:

A.

Waste reduction

B.

On-time delivery

C.

Biodiversity

D.

Energy reduction

Question 3

Robert and Debbie want to formalise a business relationship and share resources to deliver a high-risk, high-value project. What type of relationship should they seek?

Options:

A.

Strategic alliance

B.

Strategic partnership

C.

Preferred supplier

D.

Arm’s-length relationship

Question 4

Mohammed is a Procurement Manager who believes push influencing techniques are the most effective for securing low prices. Is this correct?

Options:

A.

Yes – you should always use a push technique when discussing price.

B.

Yes – push techniques show power whereas pull techniques show weakness.

C.

No – Mohammed can also use pull techniques, which may help build trust.

D.

No – Mohammed should always use pull techniques instead of push.

Question 5

Khalid has finished a negotiation and needs to communicate the outcome to his stakeholders. One stakeholder hashigh importance but low interest. What approach should he take?

Options:

A.

Do not communicate the outcome with the stakeholder as they are not interested.

B.

Send key information but do not over-communicate.

C.

As a key player, Khalid should seek their approval.

D.

Keep the stakeholder regularly updated with detailed information.

Question 6

When a discussion is being driven by a consideration that has not been openly disclosed, leaving one party disadvantaged, this is known as what?

Options:

A.

Favouritism

B.

Exaggerated claim

C.

Lack of confidentiality

D.

Hidden agenda

Question 7

Which of the following stages in group development comesfirst?

Options:

A.

Performing

B.

Norming

C.

Storming

D.

Mourning

Question 8

A combination of which two behaviours fails to establish effective buyer–supplier relationships and can lead to aggressive negotiation tactics?

Options:

A.

Warm

B.

Cold

C.

Tough

D.

Soft

Question 9

The pain/gain share approach is used to incentivise contractors in long-term contracts to achieve a target cost or extra efficiencies. In which industry is this mechanism most common?

Options:

A.

Construction

B.

Agriculture

C.

Services

D.

Finance

Question 10

Jonathan is a procurement manager who has been asked to gatherprimary datafor an upcoming negotiation. He sends out a survey. Was this correct?

Options:

A.

Yes – the survey will provide primary data.

B.

Yes – the survey will ensure Jonathan wins the negotiation.

C.

No – surveys do not provide suitable information.

D.

No – the survey will produce secondary data.

Question 11

Under what circumstances would you useparallel workingwith two suppliers?

Options:

A.

When large orders exceed one supplier’s capacity.

B.

When the item is a bottleneck item, to reduce risk.

C.

When changing supplier, to ensure a smooth transition.

D.

When maintaining good relations with an old supplier.

Question 12

Alan needs to communicate the outcome of a negotiation to his internal stakeholders. His internal stakeholders havehigh power. Which communication methods would be best?Select TWO

Options:

A.

Notice board

B.

Article on the website

C.

Team meeting

D.

Email

Question 13

Why is it important to build rapport during a negotiation?

Options:

A.

It is a hard influencing technique that will help secure the desired outcome.

B.

It is the process of building a relationship of mutual trust and understanding.

C.

It allows you to deviate from the agenda.

D.

It demonstrates power and influence in the negotiation.

Question 14

Georgia is entering into a negotiation with a supplier she knows well. Her manager asks that she “frame the agenda” at the beginning of the meeting. What does this mean?

Options:

A.

State the agenda first and do not deviate from it.

B.

Explain the purpose of the meeting at the beginning.

C.

Use a persuasive style of negotiation.

D.

Shift the focus of the meeting in a certain direction.

Question 15

Principled Negotiation is an approach that attempts to achieve what outcome?

Options:

A.

Win–win

B.

Win–lose

C.

The other party concedes on all items

D.

The quickest outcome

Question 16

Which of the following incentives encouragesinnovation?

Options:

A.

Gainshare

B.

Pain share

C.

Bonus payments

D.

Service credits

Question 17

The “Pinocchio Effect” looks at which characteristic during a negotiation?

Options:

A.

Childishness

B.

Ploys and tactics

C.

Honesty

D.

Stability

Question 18

What is meant by thePower Approachto negotiation?

Options:

A.

Agreements are made on mutual interest

B.

Inequality of power is a barrier to close relationships

C.

More relative power means the negotiator can be proactive rather than reactive

D.

Relationships based on power should be discouraged

Question 19

Peter is negotiating with a supplier and is not concerned about the outcome because he has a strong alternative. The line of legitimacy has been crossed and it is acceptable in his company that he wins “at any cost.” He is willing to push the negotiation to extremes to achieve the desired result. Which of the following best describes Peter’s tactic?

Options:

A.

Gamesmanship

B.

Brinkmanship

C.

Distributive bargaining

D.

Ploys

Question 20

Which of the following is a soft skill that is important in procurement and supply?

Options:

A.

Financial acumen

B.

Influencing skills

C.

Computer skills

D.

Knowledge

Question 21

InHerzberg’s Two-Factor Theory, which of the following factors affect motivation?Select TWO

Options:

A.

Motivation factors

B.

Demotivation factors

C.

Hygiene factors

D.

Fun factors

Question 22

What is the mainadvantagefor a supplier using a pain-share contract?

Options:

A.

The supplier will be penalised for not achieving a target cost.

B.

There is a shared approach to risk.

C.

It ensures cost certainty on the contract.

D.

It ensures a better relationship with the buyer.

Question 23

Kelly is a lead negotiator preparing for a meeting with a supplier. Her approach is to appear “warm and tough.” Which of the following behaviours should Kelly exhibit?

Options:

A.

Confident and assertive

B.

Dominating and aggressive

C.

Overly friendly

D.

Disinterested

Question 24

Which of the following aredisadvantagesof entering into a strategic alliance?Select TWO

Options:

A.

Confidentiality

B.

Disputes

C.

Access to resources

D.

Economies of scale

Question 25

Which influencing styles are most suitable for ahigh-risk, high-valueproject aiming to form a partnership?

Options:

A.

Bridging, integration, coalition

B.

Inspiring, collaborating, consulting

C.

Rationalising, appraising

D.

Asserting, pressuring

Question 26

Bob is preparing for a negotiation with an important potential business partner. His approach is to devise options for mutual gain before deciding what to do. Which approach to negotiation is Bob taking?

Options:

A.

Positional

B.

Principled

C.

Playing hard to get

D.

Hardball

Page: 1 / 7
Total 88 questions