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Last Attempt L4M5 Questions

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Total 377 questions

Commercial Negotiation Questions and Answers

Question 37

Which of the following are examples of push techniques in commercial negotiations? Select TWO that apply.

Options:

A.

Threat of punishment, costs and damage

B.

Listening to, involving and supporting others

C.

Argument based on information, logic and reason

D.

Working together to define the problem, the goals and the best solution

E.

Using language and imagery to ‘paint a picture others can see’

Question 38

Jessica Taylor, a senior buyer, is reflecting on her most recent negotiation. She has been asked by her manager to create a written record of performance. Which of the following should Jessica include in this negotiation performance report? Select THREE that apply:

Options:

A.

Travel expenses to attend the meeting

B.

Other suppliers that could have been used

C.

A detailed pricing structure

D.

A checklist of for future

E.

Evaluation of the negotiator’s performance

F.

A comparison of actual versus set objectives

Question 39

Which of the following are macroeconomic factors that may have influence to the commercial negotiation? Select TWO that apply

Options:

A.

Equilibrium price

B.

Supply curve

C.

Unemployment rate

D.

Bargaining power of supplier

E.

Rising import tariffs

Question 40

A buyer is approaching a negotiation where the company is in a low-power negotiating position in relation to the supplier. How can the buyer improve leverage and power with the supplier?

Options:

A.

1 and 2 (Consolidate expenditure and understand supplier costs)

B.

2 and 3 (Understand supplier costs and take a distributive approach)

C.

3 and 4 (Take a distributive approach and limit communication)

D.

1 and 4 (Consolidate expenditure and limit communication)

Page: 10 / 28
Total 377 questions