Exam 12: Formal Negotiating
Exam 1: Selling and Salespeople100 Questions
Exam 2: Ethical and Legal Issues in Selling99 Questions
Exam 3: Buying Behavior and the Buying Process99 Questions
Exam 4: Using Communication Principles to Build Relationships100 Questions
Exam 5: Adaptive Selling for Relationship Building105 Questions
Exam 6: Prospecting105 Questions
Exam 7: Planning the Sales Call99 Questions
Exam 8: Making the Sales Call100 Questions
Exam 9: Strengthening the Presentation100 Questions
Exam 10: Responding to Objections100 Questions
Exam 11: Obtaining Commitment100 Questions
Exam 12: Formal Negotiating98 Questions
Exam 13: Building Partnering Relationships100 Questions
Exam 14: Building Long-Term Partnerships99 Questions
Exam 15: Managing Your Time and Territory100 Questions
Exam 16: Managing Within Your Company100 Questions
Exam 17: Managing Your Career97 Questions
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Negotiators in the accommodating mode are usually _____.
Free
(Multiple Choice)
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Correct Answer:
C
_____ is a strategy used by some buyers to engage in a win-lose tactic of negotiation when the other party does not expect it.
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(Multiple Choice)
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Correct Answer:
E
Create a plausible scenario of browbeating followed by negotiation jujitsu.
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(Essay)
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Correct Answer:
Answers will vary,but browbeating in a negotiation will involve intimidating and making the seller feel less secure about their position.Negotiation jujitsu will involve stepping away from the browbeating and then redirecting the negotiation back to the issues being discussed.
A negotiator says,"Can't we all just get along and split the extra costs down the middle?" From this statement,it can be said that the negotiator is using the _____ mode of conflict resolution.
(Multiple Choice)
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Newbook publishing has just negotiated a contract with an important author.At the end of the negotiations,the author,Pat Conray,makes a "nibbling" request.Create a nibbling request that Pat is most likely to have used.
(Essay)
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What is the best way to respond to a negotiator who has just thrown his pen across the room and screamed,"We can't pay anymore for what you are willing to offer! You are being inconsiderate"?
(Essay)
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Negotiations differ from regular sales calls in that they involve less intensive planning and a smaller number of people from the selling firm.
(True/False)
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While holding formal negotiations with Cible Department Store,Croustilles-Lay representatives can negotiate:
(Multiple Choice)
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Emily opens a negotiation session by saying,"I think we're all here today looking for a win-win deal.Unless we all leave this table feeling that we have satisfied our objectives as much as possible under the given circumstances,I'm going to consider this negotiation a failure." Emily most likely resolves conflict in the _____ mode.
(Multiple Choice)
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Putting the key issues at the beginning in an agenda is advantageous.
(True/False)
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In general,in a negotiation meeting,the size of the seller's team should be more than the size of the buyer's team.
(True/False)
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After completing negotiation for a new computer system,Jane,the salesperson,added,"Oh,there is also a $5,000 installation and instruction charge." Which win-lose negotiation tactic did Jane use?
(Essay)
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Purge Purifying Systems,which manufactures filtration systems for industries,has entered into a U.S.$50 million deal with Fabon Fabrics Inc.During a negotiating session,Alex,a member of the sales team reacted,"Who are you trying to kid? You need our company's filtration systems to maintain your product quality.You have to pay an extra $20 per system and just cut costs somewhere else." Monroe,the team leader of the sales team interrupted him and said,"Now wait a minute.These are our friends you are talking to.How about we only charge $10 extra per system and split the shipping charges with you? Does that not sound fair?" Identify the win-lose strategy adopted by the sales team of Purge Purifying Systems.
(Multiple Choice)
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In win-win not yet negotiating,the buying team achieves its goals while the selling team doesn't.
(True/False)
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The best situation,from a negotiation standpoint,would be to have on both teams a number of people who generally use the _____ to resolve conflicts.
(Multiple Choice)
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In a negotiation,individuals in the accommodating mode are the exact opposite of competing people.
(True/False)
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Why is it necessary for a good negotiator to have a willingness to take risks and an ability to tolerate ambiguity in a business negotiation?
(Multiple Choice)
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Discuss the importance of setting several objectives,or positions,in a negotiation meeting.
(Essay)
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