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CIPS Updated L5M15 Exam Questions and Answers by abdulrahman

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CIPS L5M15 Exam Overview :

Exam Name: Advanced Negotiation
Exam Code: L5M15 Dumps
Vendor: CIPS Certification: CIPS Level 5 Advanced Diploma in Procurement and Supply
Questions: 88 Q&A's Shared By: abdulrahman
Question 8

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

Discussion
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Question 9

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

Discussion
Question 10

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

Discussion
Question 11

For a high-value or high-risk project, which of the following are key actions in negotiation?Select TWO.

Options:

A.

Have a win–lose approach to negotiation.

B.

Prepare thoroughly before the negotiation.

C.

Use a multi-disciplinary team.

D.

Use ploys and tactics.

E.

Host the meeting at your premises.

Discussion
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