which one of these statements about procurement negotiations is incorrect? course hero

by Prof. Clemens Graham III 4 min read

What is negotiation in the procurement process?

Question 5 which one of these statements about. Question 5 Which one of these statements about promissory notes is incorrect ? a. A promissory note is more liquid than an account receivable. b. The party making the promise to pay is called the maker. c. The party to whom payment is to be made is called the payee. d.

Why is the project manager still unsure about the procurement statement?

a) a negotiation model that explains losses and wins of a negotiation outcome. b) a negotiation model developed to explain integrative and distributive bargaining strategies for a negotiation. c) a negotiation model that explains both the strategic choice of cooperative and competitive bargaining during a negotiation.

What is the primary objective of contract negotiations?

would like to expand the scope of services and change to a fixed price (FP) contract. All of the following are the seller’s options EXCEPT: A. Completing the original work on a cost reimbursable basis and then negotiating a fixed price for the additional work. B. Completing the original work and rejecting the additional work. C. Negotiating a fixed price contract that includes the work. …

What does the negotiation course cover?

Dec 11, 2020 · 2. Incorrect -All participants in government acquisition, including representatives from the technical, supply, and procurement communities, as well as the customers they serve and the contractors who deliver the products and services, are …

Tip 1 - Preparation

Fail to prepare, prepare to fail! If you don’t know what your starting point is and ultimate aims are, how are you going to manage a successful negotiation?

Tip 2 - Pick the Right Tactics

Will you choose a Principled Negotiation, with a focus on a good mutual outcome, or go straight to Conflict Negotiation, repairing fractured relationships while trying to achieve the best possible outcomes?

Tip 3 - Ask the Right Questions

According to Deepak Malhotra, negotiations are as much a case of getting to ‘why’ as getting to yes.

Tip 5 - Leverage the Experts

If you still lack confidence or experience, why not engage some experts to assist you? Group Purchasing Organizations (GPOs) not only have the expertise and experience in negotiation, but they are able to wield a power much greater than most individual organizations.

Card Range To Study

Explanation When the seller has more expertise than the buyer, the procurement statement ofwork should describe performance or function rather than a complete list of work. In any case, theprocurement statement of work should be as detailed as possible.

37 Cards in this Set

Explanation When the seller has more expertise than the buyer, the procurement statement ofwork should describe performance or function rather than a complete list of work. In any case, theprocurement statement of work should be as detailed as possible.

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