Free L4M5 Mock Exam – Practice Online Confidently

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Exam Code: L4M5
Exam Questions: 386
Commercial Negotiation
Updated: 24 Aug, 2026
Question 1

A purchasing manager is having a negotiation with a supplier to extend the duration of the contract. In order

to persuade the supplier to cut the cost by 10%, she promises to shorten the payment period from

45 days to 30 days for each delivery. The supplier's representative does not agree the offer and clearly states

that his proposed price is already lower than the market price. The purchasing manager has

used which type of power?


Options :
Answer: A

Question 2

Which of the following types of questions are likely to be the most effective to check facts in negotiations? 

Options :
Answer: D

Question 3

Which of the following may help the procurement professional increase expert power in commercial negotiation? Select TWO that apply.

Options :
Answer: C,E

Question 4

A procurement manager has decided to bring in a junior member of their team to a negotiation meeting.

Which of the following would be suitable roles for this junior member of the team?

Note taker

Expert

Observer

Chair

Options :
Answer: B

Question 5

Economic growth can be measured by...? 

Options :
Answer: B

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