Summer Special Sale Limited Time 60% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 2493360325

Good News !!! L4M5 Commercial Negotiation is now Stable and With Pass Result

L4M5 Practice Exam Questions and Answers

Commercial Negotiation

Last Update 1 day ago
Total Questions : 317

Commercial Negotiation is stable now with all latest exam questions are added 1 day ago. Incorporating L4M5 practice exam questions into your study plan is more than just a preparation strategy.

L4M5 exam questions often include scenarios and problem-solving exercises that mirror real-world challenges. Working through L4M5 dumps allows you to practice pacing yourself, ensuring that you can complete all Commercial Negotiation practice test within the allotted time frame.

L4M5 PDF

$50
$124.99

L4M5 Testing Engine

$58
$144.99

L4M5 PDF + Testing Engine

$72.8
$181.99
Question # 1

In a commercial negotiation, a procurement professional negotiates on his company's behalf. The power of buying organisation is the only factor that influences the behaviours of the other party. Is this assumption true?

Options:

A.  

Yes, because the outcomes of negotiation are attributable to the buying organisation

B.  

No, because personal power of negotiators also attributes to the outcomes

C.  

No, because power of supplier is the only factor that influences the other party

D.  

Yes, because buyer's brand, reputation and purchasing spend largely determine the outcomes

Discussion 0
Question # 2

Which of the following constitutes a key element to developing high-trust supplier relationships?

Options:

A.  

Contract management

B.  

Supplier audits

C.  

Delivering on commitments

D.  

Information gathering

Discussion 0
Question # 3

Which type of power is considered the opposite of coercive power?

Options:

A.  

Referent power

B.  

Informational power

C.  

Reward power

D.  

Expert power

Discussion 0
Question # 4

What letter R in the acronym SMART stands for?

Options:

A.  

Recommended

B.  

Random

C.  

Relevant

D.  

Risk-free

Discussion 0
Question # 5

When prices of input materials increase, supply curve shifts to the left while demand remains stable. The shift of supply will tend to cause which of the following?

Options:

A.  

An increase in the equilibrium price and quantity

B.  

A decrease in the equilibrium price and quantity

C.  

A decrease in the equilibrium price and an increase in the equilibrium quantity

D.  

An increase in the equilibrium price and a decrease in the equilibrium quantity

Discussion 0
Question # 6

Which characteristics are likely to feature within an integrative negotiation?

    Maximising the other party’s outcome to enhance relationships

    Maximising joint outcomes

    Short-term focus

    Pursuit of goals held jointly with other party

Options:

A.  

1 and 3 only

B.  

1 and 2 only

C.  

2 and 4 only

D.  

3 and 4 only

Discussion 0
Question # 7

Ranjit is a facilities category buyer for a hospital in the UK and is managing an overseas sourcing project for security guard clothing and personal protective equipment. Ranjit is aware that foreign exchange fluctuations can create risk for his organisation and would like to remove this risk. Ranjit has asked the international suppliers to quote in GBP sterling. Will Ranjit’s approach remove the fluctuation risk for the hospital?

Options:

A.  

No, as the risk will sit with the buyer as the value of GBP sterling may increase

B.  

No, as the value of the supplier’s currency may decrease

C.  

Yes, as the risk will sit with the supplier

Discussion 0
Question # 8

Which of the following will positively affect reputational strength of an organisation? Select TWO that apply.

Options:

A.  

Adopting out-of-date technology

B.  

Weak internal coordination

C.  

Great gap between reputation and reality

D.  

High ethical standards

E.  

Strong customer focus

Discussion 0
Question # 9

Which of the following are signs indicating that TOP is using coercive power in commercial negotiation? Select TWO that apply.

Options:

A.  

Demonstrating fairness and respect

B.  

Withdrawal of benefits

C.  

Use of guilt

D.  

Technical expertise

E.  

Positive references

Discussion 0
Question # 10

An oil refinery plant imports much of its crude oil from overseas. A procurement manager in the refinery suggests that fixing the crude oil contract price for 36 months would be beneficial for the company. Would this be a right thing to do?

Options:

A.  

Yes, financial budgeting task would be a lot easier with fixed pricing arrangement

B.  

No, fixed price should be only applied to contracts that last 60 months or longer

C.  

No, the refinery would not be able to reap the benefits from falling commodity price and currency rates

D.  

Yes, the supplier would bear the risk when the material price increased

Discussion 0
Get L4M5 dumps and pass your exam in 24 hours!

Free Exams Sample Questions

sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |