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CIPS Level 4 Diploma in Procurement and Supply Commercial Negotiation

Commercial Negotiation

Last Update Dec 25, 2024
Total Questions : 223

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Questions 2

Which of the following will shift the supply curve to the right?

Options:

Changes in customer taste

New disruptive technology

Decreased market price of substitute products

Increasedcustomers' disposable income

Discussion 0

Questions 3

Which of the following are common forms of collaborating approach in Thomas-Kilmann conflict resolution model? Select THREE that apply.

Options:

Exploring a disagreement to learn from each other’s insights

Yielding to another’s point of view

Resolving some conditions that would otherwise have them competing for resources

Trying to win at any cost

Trying to find a creative solution to current problem

Seeking a quick middle-ground position

Discussion 0

Questions 4

Which of the following is most likely a consequence of falling interest rate?

Options:

Increase aggregate demand

Decrease investment

Increase savings

Decreaseconsumption

Discussion 0

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Questions 5

The trust is built based on the other party's professional qualifications or proven or certified technical capability or experience is known as...?

Options:

Goodwill trust

Contractual trust

Irrevocable Trust

Competence trust

Discussion 0

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