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Question 53/54

A procurement professional is preparing for anegotiation with supplier. She is setting targets for price which her company is seeking to achieve. Which of the following acronyms can help her identify limits before engaging in the negotiation?

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Question List (54q)
Question 1: Should a buyer use closed questions in a negotiation?...
Question 2: Which of the following are most likely to be direct costs of...
Question 3: After studying Thomas-Kilmann conflict resolution model and ...
Question 4: Which of the following is the true statement?...
Question 5: IHL has beensupplying to XYZ Ltd for months. XYZ Ltd procure...
Question 6: Personal power is only used in distributive approach. Is thi...
Question 7: Which of the following are signs indicating that the trust b...
Question 8: Collaborative approach in negotiation not only can fully sat...
Question 9: Which of the following will help to indicate personality pre...
Question 10: Which of the following should be done when undertaking a ref...
Question 11: According to Dr. Mari Sako, which of the following is potent...
Question 12: When is the best time in procurement process in which procur...
Question 13: A buying organisation with a low spend but the reputation fo...
Question 14: An organisation is developing the specification for a capita...
Question 15: According French and Raven's base model, which of the follow...
Question 16: Which of the following is most likely a consequence of falli...
Question 17: According to Fiona Dent and Mike Brent, which of the followi...
Question 18: All of the following shift the supply of watchesto the right...
Question 19: Which of the following is considered a strength of a 'logica...
Question 20: 'What specific tests do you carry out to ensure quality is a...
Question 21: Which of the following is the most appropriate pricing arran...
Question 22: Which of the following are rules of attentive listening? Sel...
Question 23: At which stage in a negotiation would questions be asked to ...
Question 24: Katie is preparing a negotiation with a strategic supplier. ...
Question 25: Which of the following is considered a weakness of a 'dealer...
Question 26: The trust is built based on the other party's professional q...
Question 27: Which of the following is a disadvantage of absorption costi...
Question 28: Ma Bell was the sole provider of landline telephoneservice t...
Question 29: Which of the following are most likely to be characteristics...
Question 30: Which of the following are examples ofnon-verbal negotiation...
Question 31: When is the best time for buyer to propose the negotiation a...
Question 32: Which ofthe following is a true statement regarding macroeco...
Question 33: Which of the following are behaviours that builds trust betw...
Question 34: Cost and price analysis is very important for buyers when th...
Question 35: Can a party gain huge advantages innegotiation from setting ...
Question 36: A buying organisation with a low spend and the reputation fo...
Question 37: Which of the following should be adopted to minimise the con...
Question 38: A supplier's mark-up on all products is 25%. Supplier's prof...
Question 39: XYZ Ltd is importing goods from overseas. They prefer to pay...
Question 40: A procurement professional is preparing for anegotiation wit...
Question 41: Which of the following are intangible values created by trus...
Question 42: In which of the following costing methods, overhead costs ar...
Question 43: XYZ Ltd decides to go to market for a cleaning contract to s...
Question 44: Which of the following is the internal factor that is taken ...
Question 45: In a commercial negotiation,a procurement professional belie...
Question 46: Where can we find the data on macroeconomics? 1. From trade ...
Question 47: In which of the following persuasion methods, the influencer...
Question 48: Which of the following is the first step in the development ...
Question 49: In airline industry, suppliers prefer to adopt dynamic prici...
Question 50: Before engaging in a negotiation with a supplier of recharge...
Question 51: An experienced procurement professional is developing strate...
Question 52: A senior buyer analyses the supply market and he realises th...
Question 53: A procurement professional is preparing for anegotiation wit...
Question 54: How contribution is calculated in break-even analysis?...