Valid L5M15 Exam Dumps Materials - L5M15 Quiz Cram - Exam-Killer
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CIPS L5M15 Exam Syllabus Topics:
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CIPS Advanced Negotiation Sample Questions (Q26-Q31):
NEW QUESTION # 26
When assessing risks of a potential negotiation, you should mitigate all risks found. Is this the correct approach?
- A. Yes - there should be no risks in a negotiation.
- B. No - all risks should be monitored but not mitigated.
- C. No - some risks should be tracked and accepted.
- D. Yes - all risks should be removed before negotiation.
Answer: C
Explanation:
CIPS emphasises proportionate risk management.Low-impact/low-probability risksshould bemonitored or accepted, while high-impact or high-probability risks should be mitigated or eliminated. Attempting to remove all risks wastes resources.
Reference:CIPS L5M15 -Risk Assessment and Mitigation Matrices (Domain 2.1).
NEW QUESTION # 27
Which of the following best describes a "Skunkworks" department in an organisation?
- A. Experimental and independent
- B. Wide-ranging and positional
- C. Small and efficient
- D. Large and powerful
Answer: A
Explanation:
"Skunkworks" refers to a small, independent unit within an organisation that focuses on innovation and experimental projects. It operates with autonomy and minimal bureaucracy, often outside the main corporate structure, to accelerate development.
Reference:CIPS L5M15 -Innovation and Organisational Structure(Skunkworks concept).
NEW QUESTION # 28
Which of the following is a disadvantage of apositionalapproach to negotiation?Select TWO.
- A. It allows for little flexibility.
- B. Individuals can become rigid and entrenched.
- C. It always leads to a win-lose outcome.
- D. It allows the other party to know what you wish to achieve.
Answer: A,B
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 # 29
A belief that someone is both highly competent and that they care is an example of which characteristic?
- A. Respect
- B. Affection
- C. Trust
- D. Distrust
Answer: C
Explanation:
Trust in negotiation is built when a counterpart is perceived as both capable (competence) and benevolent (care). Without either dimension, relationships may erode into mere respect or distrust.
Reference:CIPS L5M15 -Building Trust in Supplier Relationships.
NEW QUESTION # 30
For a high-value or high-risk project, which of the following are key actions in negotiation?Select TWO.
- A. Prepare thoroughly before the negotiation.
- B. Use a multi-disciplinary team.
- C. Host the meeting at your premises.
- D. Use ploys and tactics.
- E. Have a win-lose approach to negotiation.
Answer: A,B
Explanation:
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.
Reference:CIPS L5M15 -Negotiation Preparation and Planning for Complex Projects.
NEW QUESTION # 31
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