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Business Negotiation

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

In Business Negotiation, HIT refers to?

a)

Head to head, Intend, Tradeable

b)

Have to have, Intend, Tradeable

c)

Have to have, Interest, Tradeable

d)

Have to have, Intend, Trader

2.

Before doing any business negotiation, you need to know the issue, positions, and interests. The term positions refer to?

a)

Why you want what you want

b)

What is to be negotiated?

c)

What you say you want

d)

Why you want to say what you want

3.

In Business Negotiation, you need to set "SMART" Objectives. The letter "A" in the abbreviation "SMART" refers to?

a)

Achievable

b)

Acceptable

c)

Agreeable

d)

Accountable

4.

Organizing and planning and agenda in business negotiation helps you in three ways, EXCEPT ...

a)

Identifying your own issues, priorities, and goals.

b)

Identifying your opponent's issues, priorities, and goals.

c)

Maintaining your discipline.

d)

Identifying your opponent's weakness

5.

... offers an alternative proposal that may suit both parties. This can happen when one party refuses or does not agree with the original proposal.

a)

Proposal

b)

Disposition

c)

Agreement

d)

Counterproposal

6.

In a multicultural team there are three basic difficulties commonly faced by a leader, EXCEPT ...

a)

Interpersonal Conflict

b)

Task Conflict

c)

Personal Conflict

d)

Procedural COnflict

7.

In business context, there is a slight different between bargaining and negotiation. In this regard, ... leaves both sides with a sense of achievement, i.e. a win-win situation

a)

Hard Bargaining

b)

Medium Bargaining

c)

Principled Negotiation

d)

Soft Negotiation

8.

In Business Negotiation, to ask questions effectively, we can use ... and ... questions.

a)

Direct and Indirect

b)

Open and Close

c)

Open and Indirect

d)

Direct and Open

9.

The clearer your BATNA is to you, the stronger you will be at a business negotiation. The word BATNA in that statement stands for?

a)

Best Agreement To a Negotiated Alternative

b)

Best Alternative To a Negotiated Agreement

c)

Best Achievement To a Negotiated Agreement

d)

Best Alternative To a Negotiated Achievement

10.

"I believe we have made some good progress."

in business negotiation context, that statement can be used for ...

a)

Stating progress made

b)

Expressing agreement

c)

Conveying commitment

d)

Describing future situation