Practice Negotiator - 3.2.3.4 | 3. Managers and Managerial Roles | ICSE Class 11 Business Studies
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3.2.3.4 - Negotiator

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is the primary role of a negotiator?

💡 Hint: Think about who oversees negotiations.

Question 2

Easy

True or False: Negotiation is only about minimizing costs.

💡 Hint: Consider other factors beyond just price.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is the primary function of a negotiator in management?

  • To make unilateral decisions for the organization
  • To represent the organization in negotiations
  • To manage daily operations at the company

💡 Hint: Think about the interactions between managers and outside parties.

Question 2

True or False: Good negotiators focus only on achieving their goals without considering the other party's needs.

  • True
  • False

💡 Hint: Recall the importance of relationships in negotiation.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You are a manager facing a sudden price increase from a key supplier. Outline a negotiation strategy that balances the supplier's needs and your company's budget constraints.

💡 Hint: Think about both sides' priorities.

Question 2

Design a fictional case study where a manager successfully negotiated a multi-million dollar contract. Detail the steps taken and the skills applied.

💡 Hint: Recall the negotiation principles discussed.

Challenge and get performance evaluation