100% Pass Quiz Professional L5M15 - Advanced Negotiation Test Questions
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CIPS L5M15 Exam Syllabus Topics:
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CIPS Advanced Negotiation Sample Questions (Q70-Q75):
NEW QUESTION # 70
Which of the following areincentivesto increase supplier performance?Select TWO
- A. Service credits
- B. Bonus payments
- C. Pain share
- D. Gain share
Answer: B,D
Explanation:
Gain shareandbonus paymentsare positive incentives that encourage suppliers to perform beyond baseline requirements. Gain share rewards suppliers for creating mutual cost savings or innovation benefits, while bonus payments recognise exceeding service or delivery targets.
In contrast, pain share and service credits are deterrents for underperformance, not motivators.
Reference:CIPS L5M15 -Supplier Performance Incentives and Contractual Mechanisms (Domain 1.3).
NEW QUESTION # 71
Khalid has finished a negotiation and needs to communicate the outcome to his stakeholders. One stakeholder hashigh importance but low interest. What approach should he take?
- A. Keep the stakeholder regularly updated with detailed information.
- B. Send key information but do not over-communicate.
- C. Do not communicate the outcome with the stakeholder as they are not interested.
- D. As a key player, Khalid should seek their approval.
Answer: B
Explanation:
According toMendelow's Stakeholder Matrix, stakeholders withhigh power (importance)butlow interest should be "kept satisfied." They need concise, high-level updates to stay informed without excessive detail.
Over-communication risks disengagement.
Reference:CIPS L5M15 -Stakeholder Analysis and Communication Strategy (Mendelow Matrix).
NEW QUESTION # 72
Jonathan is a procurement manager who has been asked to gatherprimary datafor an upcoming negotiation.
He sends out a survey. Was this correct?
- A. No - surveys do not provide suitable information.
- B. Yes - the survey will ensure Jonathan wins the negotiation.
- C. Yes - the survey will provide primary data.
- D. No - the survey will produce secondary data.
Answer: C
Explanation:
Primary datais original information gathered firsthand for a specific purpose-such as surveys, interviews, or focus groups. By contrast,secondary datacomes from existing sources. A survey, therefore, is an appropriate primary data-gathering tool.
Reference:CIPS L5M15 -Intelligence Gathering for Negotiation (Domain 1.1).
NEW QUESTION # 73
Which of the following is a disadvantage of apositionalapproach to negotiation?Select TWO.
- A. It allows the other party to know what you wish to achieve.
- B. It always leads to a win-lose outcome.
- C. Individuals can become rigid and entrenched.
- D. It allows for little flexibility.
Answer: C,D
Explanation:
Positional bargaining starts with fixed opening stances and trades concessions from those stances. This often reduces flexibility and can make participants defensive or entrenched, inhibiting creativity and joint problem- solving.
Reference:CIPS L5M15 - Approaches to negotiation: Positional vs Principled.
NEW QUESTION # 74
Every negotiation requires a rehearsal. Is this statement TRUE?
- A. No - only high-risk negotiations require rehearsals.
- B. No - routine negotiations do not require rehearsals.
- C. Yes - every negotiation should be rehearsed.
- D. Yes - you are more likely to fail if not rehearsed.
Answer: B
Explanation:
Not all negotiations need formal rehearsals. Forroutine or low-value supplier interactions, preparation may be minimal. Rehearsals are best suited forstrategic or high-stakesnegotiations involving teams or complex outcomes.
Reference:CIPS L5M15 -Negotiation Planning and Rehearsal (Domain 1.1).
NEW QUESTION # 75
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