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L5M15 Advanced Negotiation Questions and Answers

Questions 4

Georgia is entering into a negotiation with a supplier she knows well. Her manager asks that she “frame the agenda” at the beginning of the meeting. What does this mean?

Options:

A.

State the agenda first and do not deviate from it.

B.

Explain the purpose of the meeting at the beginning.

C.

Use a persuasive style of negotiation.

D.

Shift the focus of the meeting in a certain direction.

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Questions 5

What is meant by “marginal gains”?

Options:

A.

All improvements are of equal value.

B.

A supplier should seek to meet their KPIs but not excel.

C.

Small incremental gains can lead to a larger improvement.

D.

There should be a low margin for error when trying to improve.

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Questions 6

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 7

ABC Ltd is partnering with XYZ to create a new product. The Head of Technical Design who created the specification attends the meeting. What type of power does this person bring?

Options:

A.

Legitimate

B.

Referent

C.

Expert

D.

Coercive

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Questions 8

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 9

In anexploitative authoritativeform of management, which of the following is true?

Options:

A.

Motivation is based on threats and decisions are imposed on subordinates.

B.

Motivation is based on rewards and communication is limited.

C.

Leadership involves trust and teamwork.

D.

Responsibility is shared throughout the hierarchy.

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Questions 10

Kelly is a lead negotiator preparing for a meeting with a supplier. Her approach is to appear “warm and tough.” Which of the following behaviours should Kelly exhibit?

Options:

A.

Confident and assertive

B.

Dominating and aggressive

C.

Overly friendly

D.

Disinterested

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Questions 11

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 12

Research by Meredith Belbin into team roles and predicting success showed that the most successful teams had which of the following characteristics?

Options:

A.

A successful team should have nine people.

B.

A successful team needs highly intelligent people.

C.

A successful team requires different people to play different roles.

D.

A successful team must have a clear leader.

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Questions 13

What is the mainadvantagefor a supplier using a pain-share contract?

Options:

A.

The supplier will be penalised for not achieving a target cost.

B.

There is a shared approach to risk.

C.

It ensures cost certainty on the contract.

D.

It ensures a better relationship with the buyer.

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Questions 14

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 15

A manager identifies an issue and discusses it with the team, taking on board their input. Which leadership strategy is this?

Options:

A.

Selling

B.

Joining

C.

Consulting

D.

Telling

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Questions 16

Oscar is joining a negotiation team. His brother is the CEO of the supplier. What behaviour is this an example of?

Options:

A.

Conflict of interest

B.

Hidden agenda

C.

Favouritism

D.

False claim

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Questions 17

In preparing for a negotiation, an in-house procurement analyst has completed research and will present this to the team before negotiations begin. Which of the following tools could they use to organise the data?Select TWO.

Options:

A.

Relationship Spectrum

B.

Data Cube

C.

STEEPLE Analysis

D.

SWAP Analysis

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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 could be considered aPull-styleinfluencing/negotiation tactic?Select TWO.

Options:

A.

Rationalising

B.

Asserting

C.

Inspiring

D.

Negotiating

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Questions 20

TYD is a furniture manufacturer with various customers. One of them is considered a “nuisance customer.” What approach should TYD take with this customer?

Options:

A.

Exploit

B.

Partner

C.

Minimise input

D.

Develop relationship

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Questions 21

Honesty and integrity are core elements of business ethical codes of practice. Demonstrating these behaviours can help avoid which of the following?

Options:

A.

Reputational damage

B.

Physical damage

C.

Loss of contracts

D.

Loss of staff

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Questions 22

Which of the following is anegativebody-language signal?

Options:

A.

Smiling

B.

Mirroring the other person’s body language

C.

Eye contact

D.

Crossed arms

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Questions 23

Sarah is a procurement manager who used a win–lose stance and deceptive techniques to reach her goals. Which consequences may follow?Select TWO

Options:

A.

Sarah achieved all of her objectives

B.

The approach may damage the long-term relationship

C.

The supplier will have more respect for Sarah

D.

The contract may be rendered void

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Questions 24

In a negotiation that centres onBehavioural Negotiation tactics, which of the following is true?

Options:

A.

Parties should never disagree with each other.

B.

Parties should use constructive influencing behaviours.

C.

Parties should meet in a neutral location.

D.

Parties should focus on achieving the best possible outcome.

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Questions 25

Which of the following is a disadvantage of apositionalapproach to negotiation?Select TWO.

Options:

A.

It allows for little flexibility.

B.

It allows the other party to know what you wish to achieve.

C.

It always leads to a win–lose outcome.

D.

Individuals can become rigid and entrenched.

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Questions 26

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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Exam Code: L5M15
Exam Name: Advanced Negotiation
Last Update: Oct 29, 2025
Questions: 88

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