Which of the following tactics would be considered a hard tactic in negotiation?
Answer : B
Pressure tactics are categorised as ''hard'' negotiation behaviours. They apply coercion or authority to gain compliance. In contrast, tactics such as collaboration, inspirational appeal, and rational persuasion are ''soft'' and relationship-oriented.
Daniel is the lead negotiator for a deal with a potential supplier. He is quick-thinking, assertive, and has strong market knowledge. Which type of product is Daniel negotiating about?
Answer : A
Assertive, decisive negotiation styles align with high-value, low-risk situations, typically requiring competitive behaviour to maximise value without the complexity of shared risk.
Clear negotiation objectives can be taken from a Business Needs Analysis. Which of the following areas would be included within a Business Needs Analysis? Select THREE
Answer : A, B, C
A Business Needs Analysis (BNA) identifies what the organisation requires from a contract or supplier before negotiation. Typical key criteria include budget (cost constraints), timescales (delivery or project duration), and quality (performance expectations). These factors form measurable negotiation objectives and KPIs.
Which of the following models would you use for supplier preferencing?
Answer : B
The Kraljic Matrix is used to assess procurement categories and supplier relationships based on value and risk, helping buyers tailor their negotiation and relationship management strategies.
Which influencing styles are most suitable for a high-risk, high-value project aiming to form a partnership?
Answer : B
In high-value, high-risk partnerships, success depends on collaboration, trust, and shared goals. Hence, inspiring, consulting, and collaborating styles promote open communication and joint problem-solving.
For a high-value or high-risk project, which of the following are key actions in negotiation? Select TWO.
Answer : B, C
High-risk or high-value negotiations require thorough preparation---understanding goals, alternatives, and stakeholder expectations---and often benefit from a cross-functional team bringing varied expertise. This improves quality of analysis and decision-making.
According to Maslow's hierarchy of needs, which is the most basic human need?
Answer : D
Physiological needs (air, water, food, rest) sit at the base of Maslow's pyramid. Higher-order needs (safety, belonging, esteem, self-actualisation) become salient once lower levels are reasonably satisfied.