| Exam Name: | Commercial Negotiation | ||
| Exam Code: | L4M5 Dumps | ||
| Vendor: | CIPS | Certification: | CIPS Level 4 Diploma in Procurement and Supply |
| Questions: | 395 Q&A's | Shared By: | clark |
Colin Smith is preparing for a negotiation with a supplier that provides a chemical for grass fertiliser. Colin has been given an action to secure a commercial deal that achieves his organisation’s objective of ‘ethical and sustainable procurement.’ As part of his negotiation plan, Colin is using the ‘must, intend, like (MIL)’ framework to prepare for the negotiation. Colin would categorise his organisation’s objective within the negotiation plan as:
If the price of a good is above the equilibrium price, which of the following will happen?
Which factors give rise to conflict within the procurement negotiation context? Select THREE that apply.
Which of the following are most likely to be sources of conflict that can emerge from the process of commercial negotiations? Select TWO that apply.