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L5M15 Sample Questions Answers

Questions 4

The win–lose approach to negotiation is also sometimes known as what?

Options:

A.

Gamesmanship

B.

Positional negotiation

C.

Distributive bargaining

D.

Brinkmanship

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Questions 5

In which part of the relationship cycle is a supplier likely to beleast motivated?

Options:

A.

Negotiation

B.

Signing the contract

C.

Handover from previous supplier

D.

Mid-term contract

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Questions 6

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 7

The “Pinocchio Effect” looks at which characteristic during a negotiation?

Options:

A.

Childishness

B.

Ploys and tactics

C.

Honesty

D.

Stability

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Questions 8

Which of the following are examples ofreciprocated concessions?Select TWO

Options:

A.

Party A agrees a 2% discount and Party B accepts.

B.

Party A walks away, and Party B offers a concession to continue talks.

C.

Party A offers a discount for better payment terms.

D.

Party A offers a larger delivery, and Party B agrees to pay 50% upfront while Party A waives the delivery charge.

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Questions 9

Which of the following isnota base of power?

Options:

A.

Informational

B.

Legitimate

C.

Referent

D.

Financial

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Questions 10

A push style of negotiation uses logic, facts, and reasoning to make a case for change. Is this true?

Options:

A.

Yes – push tactics can be effective in getting results but not commitment.

B.

Yes – push tactics focus on collaborative approaches to problem-solving.

C.

No – push tactics are good at winning hearts and minds.

D.

No – push tactics focus on listening and involving others.

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Questions 11

Where two parties share the cost of implementing new production capabilities or in sharing costly storage/transport infrastructure, what type of strategic alliance is this?

Options:

A.

Technology development

B.

Operations and logistics

C.

Marketing and sales

D.

Financial

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Questions 12

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 13

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 14

Peter is negotiating with a supplier and is not concerned about the outcome because he has a strong alternative. The line of legitimacy has been crossed and it is acceptable in his company that he wins “at any cost.” He is willing to push the negotiation to extremes to achieve the desired result. Which of the following best describes Peter’s tactic?

Options:

A.

Gamesmanship

B.

Brinkmanship

C.

Distributive bargaining

D.

Ploys

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Questions 15

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 16

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 17

Which of the following tactics would be considered ahardtactic in negotiation?

Options:

A.

Collaboration tactic

B.

Pressure tactic

C.

Inspirational appeal

D.

Rational persuasion

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Questions 18

Yi Ting is advised to use the Principled Approach. Which must she remember?Select TWO

Options:

A.

Separate people from problems

B.

Do not deviate from the agenda

C.

Focus on interests not positions

D.

She will be negotiating alone

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Questions 19

Which of the following stages in group development comesfirst?

Options:

A.

Performing

B.

Norming

C.

Storming

D.

Mourning

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Questions 20

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 21

Which of the following is a soft skill that is important in procurement and supply?

Options:

A.

Financial acumen

B.

Influencing skills

C.

Computer skills

D.

Knowledge

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Questions 22

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 23

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 24

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 25

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

Options:

A.

Openness

B.

Agreeableness

C.

Neuroticism

D.

Sensitivity

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Questions 26

An inexperienced negotiator may feel that resistance to their position is a personal attack. In this situation, which of the following components of principled negotiation should they refer to?

Options:

A.

Focus on interests, not positions

B.

Separate people from problems

C.

Devise options for mutual gain

D.

Insist results are based on objective criteria

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Exam Code: L5M15
Exam Name: Advanced Negotiation
Last Update: Nov 4, 2025
Questions: 88
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