L5M15 Quiz Studying Materials: Advanced Negotiation - L5M15 Test Torrent & L5M15 Test Bootcamp

CIPS Advanced Negotiation - L5M15

Exam Code: L5M15

Exam Name: Advanced Negotiation

Updated: Oct 13, 2026

Q & A: 91 Questions and Answers

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CIPS L5M15 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand the key stages which impact on the negotiation process and outcomes: This section of the exam measures skills of Procurement Managers and covers the major phases of negotiation, from preparation to conclusion. It includes understanding how pre-negotiation planning influences success, analyzing whether to negotiate individually or as a team, and preparing with clear objectives, strategies, and intelligence. It also explores structuring a negotiation agenda, applying effective negotiation tools and tactics, handling concessions, understanding opponent motivations, managing deadlocks, and ensuring successful conclusion and documentation of agreements. Post-negotiation focus is on implementing agreements, selling outcomes to stakeholders, and monitoring performance for continuous improvement.
Topic 2
  • Understand methods and behavioural factors which can influence others: This section of the exam measures skills of Category Managers and covers the influence of behavioural and interpersonal dynamics in negotiation and collaboration. It explores methods to influence individuals and groups by building trust, creating alliances, and managing conflict, ambiguity, and resistance effectively. Learners examine how attitudes, motivation, and organisational behaviour affect outcomes, including the influence of leadership style, empowerment, participation, and communication. The section emphasizes understanding how organisational structures and informal networks shape negotiation power and decision-making processes within procurement and supply environments.
Topic 3
  • Understand negotiation relationships and ethics: This section of the exam measures skills of Supply Chain Professionals and covers the role of relationships, trust, and ethics within negotiations. It explains how honesty and long-term partnerships contribute to effective outcomes and examines how situational assessment affects negotiation tone and results. The section also introduces ethical considerations, including the differences between positional and principled negotiation, separating personal factors from issues, and pursuing win-win solutions. It highlights the importance of cultural sensitivity, transparency, and the avoidance of unethical practices such as bribery, corruption, or fraud within professional negotiations.

Reference: https://www.cips.org/qualifications/advanced-diploma-in-procurement-supply/advanced-negotiation

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CIPS Advanced Negotiation Sample Questions:

Question #1

Oscar is joining a negotiation team. His brother is the CEO of the supplier. What behaviour is this an example of?

  • A. Conflict of interest
  • B. False claim
  • C. Favouritism
  • D. Hidden agenda
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

Which of the following could be considered aPull-styleinfluencing/negotiation tactic?Select TWO.

  • A. Negotiating
  • B. Rationalising
  • C. Asserting
  • D. Inspiring
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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Question #3

What is meant by "marginal gains"?

  • A. A supplier should seek to meet their KPIs but not excel.
  • B. All improvements are of equal value.
  • C. Small incremental gains can lead to a larger improvement.
  • D. There should be a low margin for error when trying to improve.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #4

Georgia is entering into a negotiation with a supplier she knows well. Her manager asks that she "frame the agenda" at the beginning of the meeting. What does this mean?

  • A. State the agenda first and do not deviate from it.
  • B. Use a persuasive style of negotiation.
  • C. Explain the purpose of the meeting at the beginning.
  • D. Shift the focus of the meeting in a certain direction.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #5

What is meant by thePower Approachto negotiation?

  • A. Agreements are made on mutual interest
  • B. More relative power means the negotiator can be proactive rather than reactive
  • C. Inequality of power is a barrier to close relationships
  • D. Relationships based on power should be discouraged
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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