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Free Access CIPS L4M5 New Release

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Total 317 questions

Commercial Negotiation Questions and Answers

Question 93

According to Fiona Dent and Mike Brent, which of the following are characteristics of Push approach? Select TWO that apply.

Options:

A.

Inspirational

B.

Persuasion

C.

Collaborative

D.

Seeking commitment

E.

Directive

Question 94

Community Meal Partners (CMP) is a not-for-profit company that delivers cooked meals to older residents in their homes. CMP uses a fleet of bespoke vans with onboard ovens. In planning the future procurement of the fleet, CMP has conducted a review of the microeconomics of the van supply market and found that the vans are supplied by a monopoly supplier due to patented technology. Which of the following strategies could CMP utilise to optimise its bargaining position with the van supplier?

Options:

A.

Publicly seek alternative service solutions

B.

Renegotiate van lease prices with the supplier

C.

Procure shorter-term lease contracts

D.

Conduct regular and frequent tendering

Question 95

Which of the following is a source of power in organisational relationships?

Options:

A.

Referent power

B.

Given power

C.

Tactical power

D.

Intruded power

Page: 24 / 24
Total 317 questions