Question 36

Jane is planning for a forthcoming negotiation with a key supplier. She has learned what are important to the supplier and what are important to her company from previous contracts between them. In order to avoid negotiation deadlocks, she has set up several concession plans. But Jane has little experience in dealing with suppliers and doesn't know when to trade these concessions. When is the best time in a negotiation to trade concessions?
  • Question 37

    Which of the following is categorised as fixed cost?
  • Question 38

    Which of the following is most likely a consequence of falling interest rate?
  • Question 39

    There are no commitments in hypothetical questions. Is this statement true?
  • Question 40

    According French and Raven's base model, which of the following are sources of personal power that can be used in commercial negotiation? Select THREE that apply.