Revision Questions Flashcards

1
Q

Q1. Which of the following best describes the term ‘negotiation’?

A. Obtaining the lowest price from a supplier.
B. Reaching a mutually acceptable agreement.
C. Discussing a supplier’s quality control systems.
D. Forcing one party to agree to the other party’s demands.

A

B. Reaching a mutually acceptable agreement.

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2
Q

Q2. Which of these approaches to negotiation seeks to maximise the benefits for both parties?

A. Distributive Negotiation.
B. Win –Lose Negotiation.
C. Lose – Win Negotiation.
D. Integrative Negotiation.

A

D. Integrative Negotiation.

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