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Pass the CIPS Level 5 Advanced Diploma in Procurement and Supply L5M15 Questions and answers with Dumpstech

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Questions # 11:

What is meant by thePower Approachto negotiation?

Options:

A.

Agreements are made on mutual interest

B.

Inequality of power is a barrier to close relationships

C.

More relative power means the negotiator can be proactive rather than reactive

D.

Relationships based on power should be discouraged

Questions # 12:

A combination of which two behaviours fails to establish effective buyer–supplier relationships and can lead to aggressive negotiation tactics?

Options:

A.

Warm

B.

Cold

C.

Tough

D.

Soft

Questions # 13:

Which of the following is anegativebody-language signal?

Options:

A.

Smiling

B.

Mirroring the other person’s body language

C.

Eye contact

D.

Crossed arms

Questions # 14:

Research by Meredith Belbin into team roles and predicting success showed that the most successful teams had which of the following characteristics?

Options:

A.

A successful team should have nine people.

B.

A successful team needs highly intelligent people.

C.

A successful team requires different people to play different roles.

D.

A successful team must have a clear leader.

Questions # 15:

In which circumstances may a buyer suggest that a negotiation meeting be held at thesupplier’s premises?

Options:

A.

To ensure the supplier has the advantage

B.

To ensure the buyer has the advantage

C.

To allow the buyer to find out more about the supplier

D.

To ensure negotiations run smoothly

Questions # 16:

A manager identifies an issue and discusses it with the team, taking on board their input. Which leadership strategy is this?

Options:

A.

Selling

B.

Joining

C.

Consulting

D.

Telling

Questions # 17:

In which part of the relationship cycle is a supplier likely to beleast motivated?

Options:

A.

Negotiation

B.

Signing the contract

C.

Handover from previous supplier

D.

Mid-term contract

Questions # 18:

Principled Negotiation is an approach that attempts to achieve what outcome?

Options:

A.

Win–win

B.

Win–lose

C.

The other party concedes on all items

D.

The quickest outcome

Questions # 19:

What is the mainadvantagefor a supplier using a pain-share contract?

Options:

A.

The supplier will be penalised for not achieving a target cost.

B.

There is a shared approach to risk.

C.

It ensures cost certainty on the contract.

D.

It ensures a better relationship with the buyer.

Questions # 20:

What is the primary purpose of a negotiation?

Options:

A.

To win.

B.

To reach an agreement.

C.

To beat the other team.

D.

To get a better price.

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