SIMULATIONSX

XPERIENTIAL NATURE OF OUR SIMULATIONS ENABLE THE DELEGATES TO LEARN BY DOING!



SUPPLIER NEGOTIATION

When two or more parties enter into a give-and-take discussion to settle an issue or concern, it is known as a _____.

 Business deal
 Negotiation
 Settlement talk
 Contract

What type of reciprocity is happening when a company provides you with a free sample?

 Balanced Reciprocity
 General Reciprocity
 Positive Reciprocity
 Negative Reciprocity

Gloating after you feel you've gotten a great deal is an example of what?

 Good preparation
 Letting your ego win
 Shrewd negotiating
 Effective posturing

_____ is the ability to utilize many minds to develop a multitude of ideas, leading to a high quality solution.

 Synergy
 Sharing of ideas
 Energy
 Groupthink

When conflict happens between two different groups?

 There is a perceived incompatibility between them
 All of these are appropriate endings to this statement.
 They can have lunch together but cannot discuss the issues
 They work hard together to accomplish a teams goal

can hamper the judgment, mental alacrity and effectiveness of a group's decision making through?

 Synergy; diverse personalities in the group.
 Groupthink; pressure from the group
 Groupthink; diverse personalities in the group.
 Synergy; pressure from the group.

As Sidra heads to her desk, she notices the smell of fresh brewed coffee as well as the sound of raised voices coming from her boss office. In this instance, Sidra is acting in the role of:

 A perceiver, who is aware of things or events through her senses
 A receiver, who becomes aware of things or events through her senses.
 A target, who is viewed and influenced through the thought patterns of others
 A receiver, who demonstrates little interest in the business around her

Paulo is going off to college. He seems angry all the time and starts fights with his parents quite often. What is the likely source of this conflict?

 Poor communication
 Relationship issues
 Power struggle
 Change

Which of the following is not a style of negotiation?

 Accommodating
 Compromising
 Collaborating
 Contending

What steps will reduce the possibility of falling in love with your own hypothesis?

 Defend your hypothesis vigorously when challenged
 Look for the most simple answer
 Seek input from people with contrasting or opposing views
 Use Occams razor

What is big picture thinking?

 It is using the same ideas that have worked in the past
 It is image painting on a big canvas.
 It is an artistic way of naming a business.
 It is the process of brainstorming ideas and coming up with new opportunities.

The _____ is the international body that coordinates trade regulations between countries in order to ensure reliable and consistent trading patterns and behaviors.

 The North Atlantic Treaty Organization
 The World Trade Center
 The United Nations
 The World Trade Organization

Which of the following statements is correct?

 All of the statements are correct.
 Perception allows us to take the sensory information in and make it into something meaningful
 Perception is necessary for us to survive in our environment.
 We can think of perception as a process where we take in sensory information from our environment an

Which of the following describes the characteristics of a collectivist economy?

 The production of goods is meant to privilege government officials.
 The production of goods is designed to meet the needs of profit over people.
 The production of goods is designed to meet human needs over profit.
 The production of goods is meant to generate profit while benefiting everyone

Which of the following is an example of using effective framing in sales?

 Changing the vision of a company from profiting to helping.
 Presenting products in a favorable light in comparison with a competitors product.
 Using the analogy of the glass is half full when allaying employees fears of layoffs
 Painting a picture of the adverse consequences of taking an action