Higher Test Marks with Free Online L4M5 Exam Practice

Assess the CertsIQ’s updated L4M5 exam questions for free online practice of your Commercial Negotiation test. Our CIPS Level 4 Diploma in Procurement and Supply L4M5 dumps questions will enhance your chances of passing the CIPS Certification certification exam with higher marks.

Exam Code: L4M5
Exam Questions: 321
Commercial Negotiation
Updated: 19 Aug, 2025
Question 1

Which of the following are most likely to be direct costs of a steel manufacturer? Select THREE that apply. 

Options :
Answer: B,E,F

Question 2

Where there are high levels of commitment to relationships between both the buyer and supplier, this is seen as collaborative and beneficial to negotiations. Is this statement correct? 

Options :
Answer: A

Question 3

Which of the following can be prepared before a negotiation with a supplier to achieve an agreement to benefit both parties? Zone of potential agreement Attendee list for the negotiation talks Walk-away point Venue for the negotiation talks

Options :
Answer: B

Question 4

Which of the following is the area where two or more negotiating parties may find common ground? 

Options :
Answer: A

Question 5

Rose is a senior buyer from a skiing equipment retailer. Rose is concerned about the current ski boot shortage and the number of invoicing problems from a key supplier. She has decided to have a video conference with Victor, CEO of the supplier. Initially, she intends to threaten Victor with contract termination unless he can improve the situation. However, she is a little wary of doing this as the switching costs are high. Eventually, she decides to seek solutions by encouraging the other party to offer their views and ideas. Rose also prepares some ideas to discuss with Victor. Which of the following is the persuasion method that Rose intends to use in the forthcoming conference?

Options :
Answer: C

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