Exam Code: L4M5
Exam Questions: 321
Commercial Negotiation
Updated: 26 Nov, 2025
Viewing Page : 1 - 33
Practicing : 1 - 5 of 321 Questions
Question 1

Any commercial negotiation process has only three potential stakeholders: procurement, the budget holders, and the users. Is this TRUE? 

Options :
Answer: D

Question 2

Listening is a key activity in any negotiation. Which of the following are characteristics of effective listeners? 

Options :
Answer: C

Question 3

What is the most likely outcome when two organisations with adversarial relationship negotiate with each other?

Options :
Answer: C

Question 4

Lina Rawlins is a senior buyer working for a medical equipment company. Lina is in charge of the company’s largest supplier account, Great Barrington Gas (GBG), a medical equipment supplier. Recently GBG’s performance has declined, which has led to an increasing number of rejected items. Lina is aware of the seriousness of this, given the nature of the item, and has asked GBG to attend an urgent meeting. In the meeting, Lina asked the GBG representative “Can you tell me exactly what you are doing to ensure quality?” What type of question is Lina asking?

Options :
Answer: D

Question 5

An organisation is developing the specification for a capital purchase project. An important stakeholder has doubt on the draft specification. The buyer invites him to the product function meetings. In these meeting the attendees can raise their concerns, the specification development team takes in all the concerns and adjusts the specification accordingly. What kind of technique is the specification development team using?c 

Options :
Answer: C

Viewing Page : 1 - 33
Practicing : 1 - 5 of 321 Questions

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