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CIPS L4M5 Questions Answers

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Total 377 questions

Commercial Negotiation Questions and Answers

Question 41

A procurement manager has decided to bring in a junior member of their team to a negotiation meeting. Which of the following would be suitable roles for this junior member of the team?

Options:

A.

1 and 2 (Note taker and Expert)

B.

1 and 3 (Note taker and Observer)

C.

2 and 3 (Expert and Observer)

D.

3 and 4 (Observer and an unspecified fourth option - assumed error)

Question 42

Which of the following are examples of non-verbal negotiation? Select THREE that apply.

Options:

A.

Asking the supplier to repeat their proposal

B.

Getting messages across with facial expressions

C.

/ Speaking softly with long pauses

D.

Communicating with the other party by using gestures

E.

Explaining to the supplier about the scope of the project

F.

Using the body language

Question 43

Which of the following is an advantage of a fixed-price agreement?

Options:

A.

Increased quality

B.

Longer payment terms

C.

Reduction in financial risk

D.

Lower storage costs

Question 44

An integrative negotiation style involves ...

Options:

A.

Maintaining a distant (arm's length) relationship with a supplier and the avoidance of information sharing

B.

The buyer demanding concessions without offering anything in return

C.

Creating mutually beneficial outcomes for all parties and collaborative problem solving with a supplier

D.

A competitive approach with a focus on winning at all costs

Page: 11 / 28
Total 377 questions