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L4M5 Exam Dumps : Commercial Negotiation

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Commercial Negotiation Questions and Answers

Question 1

Effective listening is important in integrative negotiations. Is this statement correct?

Options:

A.

Yes, as it allows issues to be shared and understood between all parties

B.

Yes, as it means the supplier’s attempts at negotiation can be stopped quickly with reasoning

C.

No, as what the other party has to say is not important

D.

No, as effective listening is important only in a distributive negotiation

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Question 2

Which type of question style is a negotiator using if they ask the other party

“Can you deliver our items by Friday 17th?”

Options:

A.

Leading

B.

Closed

C.

Probing

D.

Multiple

Question 3

Why is the use of power important for integrative commercial negotiations?

    Moving negotiations forward when they get stuck on certain issues

    Maximising the share of value gains for the negotiator's side

    Coercion of the other party into a submissive agreement

    Breaking through negotiation barriers related to attitude

Options:

A.

1 and 2 only

B.

2 and 3 only

C.

1 and 4 only

D.

2 and 4 only