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Advanced Negotiation

Last Update 7 hours ago Total Questions : 88

The Advanced Negotiation content is now fully updated, with all current exam questions added 7 hours ago. Deciding to include L5M15 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our L5M15 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these L5M15 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Advanced Negotiation practice test comfortably within the allotted time.

Question # 4

Jonathan is a procurement manager who has been asked to gather primary data for an upcoming negotiation. He sends out a survey. Was this correct?

A.

Yes – the survey will provide primary data.

B.

Yes – the survey will ensure Jonathan wins the negotiation.

C.

No – surveys do not provide suitable information.

D.

No – the survey will produce secondary data.

Question # 5

In what circumstances would it be acceptable to use gamesmanship and brinkmanship tactics?

A.

For high-risk products

B.

Where the relationship is not important

C.

For long-term contracts

D.

In international negotiations

Question # 6

Which of the following are advantages of videoconferencing? Select THREE

A.

Participants can share screens.

B.

It is convenient and quick.

C.

It results in better outcomes than face-to-face meetings.

D.

Negotiators can watch facial expressions of the other party.

E.

You can fully analyse the body language of the other party.

Question # 7

Which of the following is not a cross-cultural factor of negotiation?

A.

Religion/belief/culture

B.

Legal system

C.

Financial and fiscal system

D.

Environment

Question # 8

When assessing risks of a potential negotiation, you should mitigate all risks found. Is this the correct approach?

A.

Yes – there should be no risks in a negotiation.

B.

Yes – all risks should be removed before negotiation.

C.

No – some risks should be tracked and accepted.

D.

No – all risks should be monitored but not mitigated.

Question # 9

What is the primary purpose of a negotiation?

A.

To win.

B.

To reach an agreement.

C.

To beat the other team.

D.

To get a better price.

Question # 10

Different negotiation outcomes are required in different circumstances. In a “Yellow” circumstance (high risk, high value), which of the following is the best approach?

A.

Cautious, well-planned

B.

Methodical, well-organised

C.

Quick-thinking, assertive behaviour

D.

Collaborative style

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