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CIPS L5M15 Dumps

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Total 88 questions

Advanced Negotiation Questions and Answers

Question 1

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 2

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 3

Which of the following could be considered aPull-styleinfluencing/negotiation tactic?Select TWO.

Options:

A.

Rationalising

B.

Asserting

C.

Inspiring

D.

Negotiating

Question 4

For a high-value or high-risk project, which of the following are key actions in negotiation?Select TWO.

Options:

A.

Have a win–lose approach to negotiation.

B.

Prepare thoroughly before the negotiation.

C.

Use a multi-disciplinary team.

D.

Use ploys and tactics.

E.

Host the meeting at your premises.

Question 5

Which of the following isnotan example of an environmental KPI?

Options:

A.

Waste reduction

B.

On-time delivery

C.

Biodiversity

D.

Energy reduction

Question 6

The extent to which hierarchy and subordinate relationships are accepted is which of Hofstede’s cultural dimensions?

Options:

A.

Power distance

B.

Uncertainty avoidance

C.

Individualism vs collectivism

D.

Long-term orientation

Question 7

Different negotiation outcomes are required in different circumstances. In a“Yellow”circumstance (high risk, high value), which of the following is the best approach?

Options:

A.

Cautious, well-planned

B.

Methodical, well-organised

C.

Quick-thinking, assertive behaviour

D.

Collaborative style

Question 8

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 9

Which of the following isnota personality characteristic in the OCEAN “Big Five” model?

Options:

A.

Openness

B.

Agreeableness

C.

Neuroticism

D.

Sensitivity

Question 10

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 11

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 12

Which of the following best describes a “Skunkworks” department in an organisation?

Options:

A.

Small and efficient

B.

Experimental and independent

C.

Large and powerful

D.

Wide-ranging and positional

Question 13

When may the outcome of a negotiation be described aswin: perceived win?

Options:

A.

When using positional bargaining

B.

When one of the parties is less experienced

C.

When negotiations are rushed

D.

When there is a power imbalance between the two parties

Question 14

What is meant by “marginal gains”?

Options:

A.

All improvements are of equal value.

B.

A supplier should seek to meet their KPIs but not excel.

C.

Small incremental gains can lead to a larger improvement.

D.

There should be a low margin for error when trying to improve.

Question 15

Research by Meredith Belbin into team roles and predicting success showed that the most successful teams had which of the following characteristics?

Options:

A.

A successful team should have nine people.

B.

A successful team needs highly intelligent people.

C.

A successful team requires different people to play different roles.

D.

A successful team must have a clear leader.

Question 16

Which of the following stages in group development comesfirst?

Options:

A.

Performing

B.

Norming

C.

Storming

D.

Mourning

Question 17

The quality of being honest and having strong moral principles is known as what?

Options:

A.

Truthful

B.

Direct

C.

Integrity

D.

Transparent

Question 18

Josh plans to use a Myers–Briggs assessment for junior candidates. What type of test is this?

Options:

A.

Personality test

B.

Competence test

C.

Procurement test

D.

Intelligence test

Question 19

Party City Ltd is negotiating with Cuppa Inc. After two hours, the discussion reaches a deadlock. What should Party City Ltd do?

Options:

A.

Walk away from the negotiation – it is clear they will not get what they want.

B.

Start using hardball techniques.

C.

Concede some issues to ensure conversations continue.

D.

Suggest taking a break.

Question 20

Which of the following is anegativebody-language signal?

Options:

A.

Smiling

B.

Mirroring the other person’s body language

C.

Eye contact

D.

Crossed arms

Question 21

According to Maslow’s hierarchy of needs, which is the most basic human need?

Options:

A.

Safety

B.

Belonging

C.

Emotional

D.

Physiological

Question 22

In anexploitative authoritativeform of management, which of the following is true?

Options:

A.

Motivation is based on threats and decisions are imposed on subordinates.

B.

Motivation is based on rewards and communication is limited.

C.

Leadership involves trust and teamwork.

D.

Responsibility is shared throughout the hierarchy.

Question 23

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 24

In preparing for a negotiation, an in-house procurement analyst has completed research and will present this to the team before negotiations begin. Which of the following tools could they use to organise the data?Select TWO.

Options:

A.

Relationship Spectrum

B.

Data Cube

C.

STEEPLE Analysis

D.

SWAP Analysis

Question 25

Which of the following are advantages of having an agenda within a negotiation?Select TWO.

Options:

A.

It ensures all key topics are covered.

B.

Becoming too scripted can reduce flexibility.

C.

It minimises distractions.

D.

It allows for flexibility.

Question 26

A manager identifies an issue and discusses it with the team, taking on board their input. Which leadership strategy is this?

Options:

A.

Selling

B.

Joining

C.

Consulting

D.

Telling

Page: 1 / 9
Total 88 questions