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CIPS L4M5 Dumps

Exam Code:
L4M5
Exam Name:
Commercial Negotiation
Last Update: Apr 26, 2024
162 Questions
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Commercial Negotiation Practice Questions

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Commercial Negotiation Questions and Answers

Questions 1

Which of the following will help to indicate personality preferences in four dimensions?

Options:

A.

Thomas-Kilmann Conflict Resolution model

B.

Intelligence quotient

C.

Mill's RESPECT mnemonic

D.

Myers-Briggs Type Indicator

Questions 2

Which of the following are intangible values created by trust in business relationships? Select TWO that apply.

Options:

A.

Higher revenues

B.

Positive feedbacks from customers

C.

More focus oncore business

D.

Increasing response time to request

E.

Frequent conflict escalation

Questions 3

Which ofthe following is a true statement regarding macroeconomic factors and their potential impact on negotiations?

Options:

A.

Macroeconomic factors always directly influence the negotiations

B.

Expectations on macroeconomic prospect are always correct

C.

Changes in macroeconomic factors may affect businesses and individuals differently

D.

Macroeconomic factors cannot be influenced by anyone's expectation or sentiment