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CIPS Updated L4M5 Exam Questions and Answers by oren

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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: 317 Q&A's Shared By: oren
Question 24

Using emotion as a technique of persuasion is ethical. Is this a true statement?

Options:

A.

Yes, because it may appeal to the supplier’s goodwill

B.

No, because emotions should not be involved in business agreements

C.

Yes, because use of emotion will always lead to agreement

D.

No, because it’s not the best route to enhance relationships

Discussion
Question 25

Distributive approach in negotiation is typified by which of the following?

Options:

A.

Distributive approaches are inherently inferior to integrative approaches in commercial negotiation

B.

Both parties understand each other's goals

C.

Each party attempts to maximise the value obtained at other's expense

D.

Both parties share 50:50 of the 'pie'

Discussion
Question 26

Maria is a professional services category buyer within the National Health Service. Due to severe financial budget cutbacks the National Health Service is facing, the procurement team has been tasked with achieving cost savings so that funding available can be spent on patient care. Maria plans to achieve savings with one of her collaborative suppliers. Which negotiation approach should she undertake?

Options:

A.

Win-Lose

B.

Lose-Lose

C.

Win-Perceived Win

D.

Win-Win

Discussion
Question 27

Which of the following are indicative behaviours of a distributive approach to negotiating?

Options:

A.

1 and 4 only (Maintaining openness and Attempting to cast doubt)

B.

2 and 4 only (Establishing power and Attempting to cast doubt)

C.

1 and 3 only (Maintaining openness and Seeking understanding)

D.

2 and 3 only (Establishing power and Seeking understanding)

Discussion
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