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L5M15 Advanced Negotiation Questions and Answers

Questions 4

Dominic has reached a deadlock. He shifts focus to what happens if both parties cannot agree. What tactic is Dominic using?

Options:

A.

Framing the agenda

B.

BATNA

C.

Take it or leave it

D.

The nibble

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Questions 5

Procurement or contract risk can come in many forms. A STEEPLE analysis can provide awareness of potential risk factors. Which of the following factors are included within a STEEPLE analysis?

Options:

A.

Social, time, environment

B.

Legitimate, ethical, economic

C.

Ergonomic, technological, political

D.

Legal, ethical, political

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Questions 6

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.

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Questions 7

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

Options:

A.

Rationalising

B.

Asserting

C.

Inspiring

D.

Negotiating

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Questions 8

DSA is expanding its procurement team and wants recruits with soft skills useful in procurement. Which of the following are soft skills?Select THREE.

Options:

A.

Influencing

B.

Change management

C.

Knowledge of local markets

D.

Mathematical capability

E.

Communication

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Questions 9

Which of the following aredisadvantagesof entering into a strategic alliance?Select TWO

Options:

A.

Confidentiality

B.

Disputes

C.

Access to resources

D.

Economies of scale

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Questions 10

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

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Questions 11

In preparing for a negotiation, an analysis of overall strategy can result in improved tactical planning and a better overall outcome. Is this statement TRUE?

Options:

A.

No – tactics are achieved following the strategy.

B.

No – tactics are a high-level plan designed to achieve a long-term goal.

C.

Yes – strategy flows from the tactics.

D.

Yes – to develop a negotiation strategy you should consult with key stakeholders before deciding on tactics.

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Questions 12

Alan needs to communicate the outcome of a negotiation to his internal stakeholders. His internal stakeholders havehigh power. Which communication methods would be best?Select TWO

Options:

A.

Notice board

B.

Article on the website

C.

Team meeting

D.

Email

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Questions 13

Which of the following areadvantagesof videoconferencing?Select THREE

Options:

A.

Participants can share screens.

B.

It is convenient and quick.

C.

It results in better outcomes than face-to-face meetings.

D.

Negotiators can watch facial expressions of the other party.

E.

You can fully analyse the body language of the other party.

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Questions 14

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.

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Questions 15

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

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Questions 16

Explaining the benefit of an option is a soft tactic often used in negotiations. What is this commonly known as?

Options:

A.

Inspirational appeal

B.

Consultation

C.

Ingratiation

D.

Apprising

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Questions 17

Sarah is a procurement manager who used a win–lose stance and deceptive techniques to reach her goals. Which consequences may follow?Select TWO

Options:

A.

Sarah achieved all of her objectives

B.

The approach may damage the long-term relationship

C.

The supplier will have more respect for Sarah

D.

The contract may be rendered void

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Questions 18

Robert and Debbie want to formalise a business relationship and share resources to deliver a high-risk, high-value project. What type of relationship should they seek?

Options:

A.

Strategic alliance

B.

Strategic partnership

C.

Preferred supplier

D.

Arm’s-length relationship

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Questions 19

When a discussion is being driven by a consideration that has not been openly disclosed, leaving one party disadvantaged, this is known as what?

Options:

A.

Favouritism

B.

Exaggerated claim

C.

Lack of confidentiality

D.

Hidden agenda

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Questions 20

The negotiation tactic in which a person enters with preconceived ideas and attacks the opposition rather than working toward a wise agreement is known as:

Options:

A.

Win–win

B.

Lose–lose

C.

Positional

D.

Principled

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Questions 21

What was the principal conclusion of the Hawthorne experiments?

Options:

A.

People are motivated by money.

B.

People work better when the lighting is better.

C.

People work harder when they’re being observed.

D.

People are inherently lazy.

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Questions 22

Daniel is the lead negotiator for a deal with a potential supplier. He is quick-thinking, assertive, and has strong market knowledge. Which type of product is Daniel negotiating about?

Options:

A.

High value, low risk

B.

High value, high risk

C.

Low value, high risk

D.

Low value, low risk

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Questions 23

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

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Questions 24

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

Options:

A.

Safety

B.

Belonging

C.

Emotional

D.

Physiological

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Questions 25

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

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Questions 26

Bob is preparing for a negotiation with an important potential business partner. His approach is to devise options for mutual gain before deciding what to do. Which approach to negotiation is Bob taking?

Options:

A.

Positional

B.

Principled

C.

Playing hard to get

D.

Hardball

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Exam Code: L5M15
Exam Name: Advanced Negotiation
Last Update: Dec 13, 2025
Questions: 88
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