whole life paper11 Leave a Comment / By Admin / June 10, 2024 Welcome to your whole life paper11 1. Question 4 In Negotiation team roles, who would be the spokesperson and lead negotiation meetings? Chief Negotiator Commercial Lead Team Leader Scribe None 2. Question 5 Which of the following would be a characteristic of a Distributive approach to a negotiation? Information sharing in relation to goals Long-term / regular interaction with the other party Get as much of the ‘pie’ as you can Win-Win outcome for both parties None 3. Question 6 Which of the following best describes the ‘Zone of Potential Agreement’? The 'ZOPA’ defines the price range in which a buyer and seller can possibly come to an agreement The ‘ZOPA’ defines both parties the best alternative to a negotiated agreement The 'ZOPA' defines the price range in which no agreement can be made The ‘ZOPA' defines the seller how much the buyer is willing to pay None 4. Question 7 Power based on a person's high levels of knowledge and skill is known as what type of power Reward Power Referent Power Expert Power Legitimate Power None 5. Question 8 Allocating overheads in which indirect costs are ‘loaded’ into direct costs related to specific jobs using an anestimate is known as which type of costing method? Absorption Costing Activity-based Costing Variable Costing Marginal Costing None 6. Question 9 in supplier costing strategies, if 3 suppliers reduces prices / has a low entry price, this is known as what typeof pricing strategy? Premium pricing Cost-plus pricing Market pricing Penetration pricing None 7. Question 10 Which of the following is not a determinant of supply? Innovation Quality Technology Price None 8. Question 11 A market in which there are a small number of suppliers who exert a significant influence in that market isknown as? Perfect Competition Monopolistic competition Oligopoly Monopoly None 9. Question 12 In concession planning, a low importance to you, and a high importance to the other party would beknown as what type of concession? Easy concession to win Low Value Easy concession to trade Difficult None 10. Question 13 Which of the following would be a ‘don't behavior at the bargaining phase of a negotiation? Use time tactics Observe bady language Make unplanned concessions Make notes of tradeable None 11. Question 14 Which of the following situations would a Directive (push) persuasion method be used? The influences needs commitment from other parties The influencer Is actively seeking innovative ideas from others The Influencer is an expert while the followers are not There is no clear solution to the issue at hand None 12. Question 15 Which of the following questioning styles would you use to help generate a specific response? Probing question Open question Closed question Hypothetical question None 13. Question 16 Which of the following would international cultural differences not be as important: A complex purchase from a foreign supplier Buying a service where your organization will be engaging with teams of people from other countries When the stakes are high and a minor misunderstanding can lead to major problems A small value one-off purchase from a foreign supplier None 14. Question 17 Which of the following would not be a benefit of reflecting on 2 negotiations to improve futureperformance? - Weaknesses of team members can be identified for future development Apportioning blame to the person who's fault it was that the negotiation was riot-successful Lessons can be learned for next time Strengths and weaknesses of the negotiation strategy can be confirmed None 15. Question 18 In they key phases of negotiation, which Is the second step? agree/close move test open None 16. Question 19 At which stage of negotiations are both parties likely to trade concessions? agreement and closing phase proposing stage bargaining stage testing stage D. agreement and closing phase None 17. Question 20 At the agreement and closing stage of a negotiation, is a deal always made? yes, that is the whole point of the process, to reach a point where you agree and close the deal no, the whole purpose of the meeting may have been to go to the next stage of sign-off, with Someone who has the authority to do 10 yes, you should always shake hands and walk away at this point no, the discussion should always be thought about after negotiations, you should take a couple of days to consider the offer and meet again None 18. Question 21 At which of the stages of negotiation will both parties be looking to establish if ZOPA exists? testing stage bargaining stage proposing stage opening stage None 19. Question 22 Which of the below typical behaviors should be avoided in the opening stage of negotiations? be well presented consider using visual aids to set out key objectives put any markers down start the conditioning process None 20. Question 23 The style ‘directive’ (push) is particularly effective in which of the following situations? the influencer is actively seeking innovative ideas from others the influencer needs commitment from the other parties there is no clear solution to the issue in hand the situation involves a safety or security-critical Issue or 2 strict deadline None 21. Question 24 The style ‘visionary’ (pull) is particularly effective in which of the following situations? the influence has a great deal of knowledge about the issue the situation demands that the influencer gets other to buy into an unpopular decision the current situation demands innovative thinking research has identified a best answer None 22. Question 25 the tactical ploy ‘salami’ refers to which of the below? you ask for an exceptional one-off concession that Is normally hard to get you wait until the end of the discussions to ask for a concessions you know is contentious pretending something you need Is not important unexpected extras are added on after the negotiations that were not clarified or explicitly discussed None 23. Question 26 which of the tactical ploys is best described as ‘pretending something you need is not Important, e.g. thank and bank outrageous Initial demand add on getting peanuts None 24. Question 27 if you were to get a one-off extra - long payment terms on a contract agreement, which tactical ploywould this relate closest too? thank and bank one more thing add on saiami None 25. Question 28 try and get the other party to see things in different way, which types of questioning style would youuse forceful questions open questions probing questions hypothetical questions None 26. Question 29 to seek specific information from a discussion, which style of questioning would you use? open questions closed questions probing questions hypothetical questions None 27. Question 1 to show you are actively listening during a discussion, restating is sometimes a good tactic to use, whatdoes this entail? pause after the other party has stopped talking bringing together the facts of the problem to test understanding let the person know what your initial thoughts are on the situation repeat every so often what you think the other person has said None 28. Question 2 Which of the below is a non-verbal communication technique? active listening facial expressions the tone of your voice when communicating using pauses and silence after the other person has finished speaking None 29. Question 3 According to Hofstede's cultural dimensions, what does the acronym INO stand for? Indulgence versus restraint individualism versus collectivism masculinity versus feminizes power distance index None 30. Question 4 Roughly how many objectives should standard negotiation have? 6 2 8 3 None 31. Question 5 what is the main aim of reflection on a negotiation? lessons can be learned far future negotiations to better understand they key objectives of the other party to reduce the lead times of delivery of goods to the end consumer to negotiate better payment terms for the current contract None 32. Question 6 Which of the below would be considered an objective element to reflect on when assessing performance duringNegotiation? did we present well with confidence? how did we respond to questions? did logistics work or play any influencing role? did we stay within our trading limits? None 33. Question 7 Which of the below would be considered a process element to reflect on when assessing performanceduring negotiation? did we keep to agreed roles? did we agree next steps? did we achieve our objectives? did we/ they use any tactical ploys? None 34. Question 8 Which of these is NOT a source of conflict that can arise during the negotiation process? Method of communication - face-to-face, video or phone call Type of goods being discussed Lack of clarity before the negotiation Team size and makeup None 35. Question 9 Which of the following is the correct statement. To minimise conflict... Agree ‘ground rules’ with the other party In advance of any negotiation meetings Agree ‘ground rules’ with the other party after of negotiation meetings have taken place Always dress in smart attire Always ensure drinks are available None 36. Question 10 1n the five approaches to conflict resolution what is the objective of accommodating Objective is to find a middle ground Objective is to yield Objective is to find a win-win solutions Objective is to delay None 37. Question 11 The Thomas-Kimann conflict mode instrument (TKI) outlines the positions available when entering a negotiation. The vertical axis refers to Assertiveness Aggressweness Cooperativeness Compromise None 38. Question 12 The Thomas-Kilmann conflict mode instrument (TKI) outlines the positions available when entering a negotiation. The horizontal axis refers to Aggressiveness Assertiveness Cooperativeness Compromise None 39. Question 13 Which of these Is not an approach to conflict resolution Collaborating Avoiding Negotiating Compromising None 40. Question 14 The principled style has of negotiation has how many principles, Two One Four Three None 41. Question 15 Which of the following statement is referring to the second principle of negotiation? Separate the people from the problem or issue Insist on using objective criteria invent options for mutual gain Focus on interests, not positions None 42. Question 16 Which of the following statement is referring to the fourth principle of negotiation? Focus on interests, not positions Insist on using objective criteria Separate the people from the problem or issue invent options for mutual gain None 43. Question 17 Tradeables are: items that you are willing to trade in 3 negotiation items that you offer once all negotiations are complete items that you are not willing to trade in a negotiation items that are non-negotiable None 44. Question 18 Which of the following is NOT an example of a tradeable? Price Environmental benefits intellectual property rights lead time None 45. Question 19 How many levels need to be taken into consideration when considering the relative power of buyers and suppliers? Three One Two Four None 46. Question 20 Which of the following is not a level of when considering the relative power of buyers and suppliers? Supply positioning one-to-one organization power international Environment Micro Emironment Macro Environment None 47. Question 21 PESTLE refers to Pecuniary, Economic, Strategic, Tactical, Legal and Environmental factors. Profitable, Economic, Social, Technotogical, Legal and Environmental factors. Political, Economic, Social, Technological, Legal and Environmental factors. Pottixad, Economic, Strategy, Technological, Legal and Environmental factors. None 48. Question 22 Which of the following Is not used by Porter's Five Forces for analysts of Market Value The intensity of Industry rivalry The bargaining power of buyers The threat of new entrants None 49. Question 23 Leverage can be Increased through analytics. Which of the following Is not a factor when carrying out a spendanalysis? How often are they spending How much they are spending on which categories Who in your organisation is spending the money Who they are spending it with None 50. Question 24 Which of the following is not a sign of trust In business relationships? Regular requests for price increases Pride and strong effort, high employee and customer satisfaction High-performance teams that feel empowered to get the job done Mutually agreed and managed objectives and success measures for the contract, including KPIs None 51. Question 25 Acceptance on both sides of the potential need to renegotiate terms when business conditions change is A sign of disruption is business relationships A sign of disagreement in business relationships A sign of trust In business relationships A sign of loyalty in business relationships None 52. Question 26 Which of the below describes “Mark-Up"? The amount added to the cost of an item expressed as a percentage of the selling price The amount added to the cost of an item to get to its selling price and Is expressed as a percentage None 53. Question 56 If a supplier charges a very high price, not connected with cost structures but based on reputation,the perception that the product/service is of a superior quality, what pricing strategy has the "supplies adopted? Marginal cost pricing Cost-plus pricing Premium pricing Penetration pricing None 54. Question 57 Which pricing strategy is usually based on historical data and may ignore market forces? Marginal cost pricing Premium pricing Penetration pricing Cost-plus pricing None Time's upTime is Up!
