Updated Exam Dumps L4M5 Zip - How to Study & Well Prepare for CIPS L4M5 Exam
Updated Exam Dumps L4M5 Zip - How to Study & Well Prepare for CIPS L4M5 Exam
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Tags: Exam Dumps L4M5 Zip, L4M5 Test Dumps Pdf, Exam L4M5 Braindumps, L4M5 Free Sample Questions, Frenquent L4M5 Update
On the one hand, Commercial Negotiation test torrent is revised and updated according to the changes in the syllabus and the latest developments in theory and practice. On the other hand, a simple, easy-to-understand language of L4M5 test answers frees any learner from any learning difficulties - whether you are a student or a staff member. These two characteristics determine that almost all of the candidates who use L4M5 Guide Torrent can pass the test at one time. This is not self-determination. According to statistics, by far, our L4M5 guide torrent hasachieved a high pass rate of 98% to 99%, which exceeds all others to a considerable extent. At the same time, there are specialized staffs to check whether the Commercial Negotiation test torrent is updated every day.
CIPS L4M5 exam covers a wide range of topics related to commercial negotiation, including negotiation planning, strategies, tactics, and techniques. Candidates are also tested on their understanding of the legal and ethical considerations that come into play during negotiations, as well as their ability to manage conflicts and build long-term relationships with suppliers. L4M5 Exam is suitable for professionals who are involved in procurement, supply chain management, and contract management roles, as well as those who are looking to advance their careers in these areas.
Real and Error Free TrainingDumps CIPS L4M5 Exam Practice Test
Our CIPS Exam Questions greatly help Commercial Negotiation (L4M5) exam candidates in their preparation. Our Commercial Negotiation (L4M5) practice questions are designed and verified by prominent and qualified Commercial Negotiation (L4M5) exam dumps preparation experts. The qualified Commercial Negotiation (L4M5) exam questions preparation experts strive hard and put all their expertise to ensure the top standard and relevancy of L4M5 exam dumps topics.
CIPS L4M5 Certification Exam is internationally recognized and highly valued by employers. It demonstrates that you have the knowledge and skills to negotiate effectively and achieve the best possible outcomes for your organization. Commercial Negotiation certification is also a great way to enhance your credibility as a procurement professional and increase your career prospects.
CIPS Commercial Negotiation Sample Questions (Q251-Q256):
NEW QUESTION # 251
Collaborative approach in negotiation not only can fully satisfies the concerns of both, but also ensure that neither party will seek to be opportunistic in later time during the life of the contract. Is this statement true?
- A. Yes, because all parties must have exactly the same goals in integrative negotiation
- B. Yes, because both parties have well understood each other's goals when they engage in collaborative negotiation
- C. No, because any party may leverage its own advantage during the contract
- D. No, because the parties will always find a compromise solution in integrative approach
Answer: C
Explanation:
:
Integrative, interest-based negotiation can facilitate constructive, positive relationship and establish contracts between parties on a foundation of goodwill. It is important to note it can only facilitate these positive outcomes, it does not guarantee that the other party will not seek to be opportunistic at a later time during the life of the contract. Previous knowledge of the behaviours of the other party regarding honouring contractual and other commitments will be useful here in predicting long-term outcomes, not ensuring that they will not leverage their advantages.
NEW QUESTION # 252
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?
- A. Probing
- B. Leading
- C. Hypothetical
- D. Reflective
Answer: A
NEW QUESTION # 253
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, leading to an increasing number of rejected items. Lina is aware of the seriousness of this 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?
- A. Probing
- B. Leading
- C. Hypothetical
- D. Reflective
Answer: A
Explanation:
Lina is asking a probing question to gather more detailed information on the actions GBG is taking to address quality issues. Probing questions are intended to delve deeper into a topic and elicit specific details, making them suitable for understanding underlying issues, as per CIPS's negotiation question types.
NEW QUESTION # 254
Which of the following is considered a strength of a 'logical' style negotiator?
- A. Interrelate issues easily and make quick decisions
- B. Assertive
- C. Methodical
- D. Friendly and accessible
Answer: C
NEW QUESTION # 255
Which of the following should be done by the procurement team at the closing stage of a negotiation? Select TWO that apply.
- A. Accept ambiguity or uncertainty
- B. Tell TOP that they could have got a better deal
- C. Leave the meeting as soon as possible
- D. Gloat publicly about the deal
- E. Seek agreement in principle if TOP does not have the final authority
Answer: C,E
Explanation:
Explanation
The agreement and closingphase is the phase when it is either clear through explicit language, or strongly suggested through non-verbal signals, that TOP is ready to move to agreement. Judging when to close can be difficult and as with phases of the negotiation, experience, observation, practice and reflection will be the best ways to learn here.
In the closing phase, procurement should:
- Watch for closing/buying signals
- Check to ensure all issues have been resolved
- Consider using visual aids to summarise
- Use 'summary close'
- Make a decision to conclude/close
- Seek agreement in principle if TOP does not have the final authority
- Make your own private notes on the final agreement
- Shake hands on the agreement
- Leave the meeting as soon as possible thereafter.
LO 3, AC 3.1
NEW QUESTION # 256
......
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