Negotiation Fundamentals MCQs

Negotiation Fundamentals MCQs

Answer these 40 Negotiation Fundamentals MCQs and see how sharp is your knowledge of Negotiation Fundamentals.
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1: Background nonparticipants are the people who have an interest in the negotiation and also a way to directly change its course or influence the parties at the table.

A.   True

B.   False

2: Which statement is correct about Background nonparticipants?

A.   Have an interest in negotiation

B.   Does not have interest in negotiation

C.   Have a way to directly change the course of the parties at the table.

D.   None of the above

3: People with the capability to directly change or affect the progression of the negotiation via their influence on the parties at the table are called?

A.   Background participants

B.   Background non-participants

C.   Both a and b

D.   None of these

4: Which statement is correct about Background participants?

A.   Have an interest in negotiation

B.   Does not have interest in negotiation

C.   Have a way to directly change affect the progression of negotiation

D.   None of the above

5: Bargaining mix is the set of issues being negotiated.

A.   True

B.   False

6: The process by which one party attempts to negotiate in such a way as to cause the other party to give up something without getting anything in return is called?

A.   Claiming value

B.   Creating Value

C.   Market Value

D.   All of the above

7: Claiming value is the process by which one party attempts to negotiate in such a way as to cause the other party to give up something without _____ anything in return.

A.   Giving

B.   Getting

C.   Granting

D.   Offering

8: Convincing is an approach to negotiation in which one attempts to alter the beliefs or actions of the other side in order to obtain something of value.

A.   Actions

B.   Beliefs

C.   Process

D.   All of these

9: Compromising is an approach to negotiation in which one attempts to alter the beliefs or actions of the other side in order to obtain something of value.

A.   True

B.   False

10: _____ is the process by which negotiators find ways to increase the total value to be gained from the negotiation.

A.   Creating value

B.   Claiming Value

C.   Market Value

D.   All of these

11: A negotiated outcome where negotiators only claim, rather than create, value is called?

A.   Distributive agreement

B.   Integrative agreement

C.   Demonstrative agreement

D.   All of these

12: The distributive agreement is a negotiated outcome where negotiators only _____ value?

A.   Create

B.   Claim

C.   Keep

D.   Give

13: Underlying wants that cannot be _____ is called Intangible interests.

A.   Seen

B.   Touched

C.   Felt

D.   All of these

14: Which one of these is an example of Intangible interests?

A.   Respect

B.   Love

C.   Appreciation

D.   All of these

15: _____ is a negotiated outcome where negotiators successfully create value

A.   Distributive agreement

B.   Integrative agreement

C.   Demonstrative agreement

D.   All of these

16: The integrative agreement is a negotiated outcome where negotiators successfully ____ Value?

A.   Claim

B.   Create

C.   Give

D.   All of these

17: Fundamental reasons people want what they want is _____ ?

A.   Conflict

B.   Interests

C.   Issue

D.   All of these

18: Items on the table being negotiated are called issues.

A.   True

B.   False

19: Example of issues being negotiated is?

A.   Salary

B.   Bonus

C.   Vacation Time

D.   All of these

20: Issues that both parties know must be negotiated are called?

A.   Obvious issues

B.   Potential issues

C.   Conceptual issues

D.   Systematic issues

21: Those who actually perform the negotiation are called parties at the table.

A.   True

B.   False

22: Specific options within negotiation issues are known as?

A.   Position

B.   Tactics

C.   Value

D.   All of these

23: Select the correct example of Position in negotiation is?

A.   $54,000 for salary

B.   $2,000 bonus

C.   3 weeks of vacation

D.   All of these

24: Issues that could be added to the bargaining mix throughout the negotiation are called?

A.   Obvious issues

B.   Potential issues

C.   Conceptual issues

D.   Systematic issues

25: The position on a specific issue or issues at which a party is not willing to walk away is called resistance point.

A.   True

B.   False

26: Resistance point is where a party is _____ ?

A.   Willing to walk away

B.   Not willing to walk away

C.   Willing to defend

D.   Willing to Remain

27: Underlying wants that can be _____ is called Tangible interests.

A.   Seen

B.   Touched

C.   Felt

D.   All of these

28: Which one of these is an example of tangible interests?\

A.   Money

B.   Love

C.   Appreciation

D.   All of these

29: _____ is an approach to negotiation in which one tries to understand the other side as completely as possible in order to get value.

A.   Understanding

B.   Compromising

C.   Convincing

D.   All of these

30: The distance between each party’s resistance point that can be _____ is called Zone of potential agreement.

A.   Positive

B.   Negative

C.   Both a and b

D.   Neither of these

31: When you comprehend what the other side is thinking as completely as possible, this is considered ______.

A.   Interacting

B.   Convincing

C.   Collaborating

D.   Understanding

32: A fundamental reason why people negotiate is to ______.

A.   Exercise their power

B.   Satisfy interests

C.   Understand each other

D.   Rely on instinct

33: Which statement below would be considered a “convincing” statement?

A.   “Aren’t you a huge basketball fan?”

B.   “Are you sure that’s OK with you?”

C.   “I’d rather avoid that hassle.”

D.   “True, but I did technically win them.”

34: The ______ are the actual performers in a negotiation.

A.   Parties at the table

B.   Professional negotiators

C.   Background participants

D.   Background non-participants

35: ______ are what are on the negotiating table.

A.   Positions

B.   Powers

C.   Issues

D.   Interests

36: Convincing is attempting to alter the beliefs of another party.

A.   True

B.   False

37: Arguments are used in negotiations to convince the other party.

A.   True

B.   False

38: Background nonparticipants act to change the negotiation process.

A.   True

B.   False

39: Positions are the means by which you try to achieve your interests.

A.   True

B.   False

40: Interests can be tangible but not intangible.

A.   True

B.   False