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CIPS Updated L4M5 Exam Questions and Answers by kayla

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CIPS L4M5 Exam Overview :

Exam Name: Commercial Negotiation
Exam Code: L4M5 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 373 Q&A's Shared By: kayla
Question 64

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

Discussion
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Question 65

The stages of commercial negotiation involve which of the following characteristics?

Options:

A.

Preparation, proposal, bargain, leave

B.

Open, testing, bargaining, closing, revisiting

C.

Preparing, opening, bargaining, agreement, closure

D.

Opening, debating, promising, testing, disagreeing, closing

Discussion
Question 66

Which of the following are intangible values created by trust in business relationships? Select TWO that apply.

Options:

A.

Higher revenues

B.

Positive feedbacks from customers

C.

More focus on core business

D.

Increasing response time to request

E.

Frequent conflict escalation

Discussion
Question 67

Which of the following is a true statement regarding macroeconomic factors and their potential impact on negotiations?

Options:

A.

Macroeconomic factors always directly influence the negotiations

B.

Expectations on macroeconomic prospect are always correct

C.

Changes in macroeconomic factors may affect businesses and individuals differently

D.

Macroeconomic factors cannot be influenced by anyone's expectation or sentiment

Discussion
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