Question 51

Which of the following are hardball tactics in negotiations? Select TWO that apply.
  • Question 52

    Which of the following are intangible values created by trust in business relationships? Select TWO that apply.
  • Question 53

    Which of the following is the most appropriate pricing arrangement in contracts where major inputs are commodities?
  • Question 54

    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 55

    Which of the following are tools that help procurement visualise cost breakdowns of products and services purchased from supplier?
    1. Spend candlesticks
    2. Spend tree
    3. Aggregate expenditure model
    4. Spendwaterfall