,1. Which of the following is a key principle of collaborative
negotiation?
- A) Compromise
- B) Competition
- C) Creating mutual value
- D) Ignoring emotions
Correct Answer: C) Creating mutual value
- Rationale: Collaborative negotiation focuses on creating
value for all parties involved by understanding each other's
needs and working together.
2. What is 'BATNA' in the context of negotiation?
- A) Best Argued Terms Negotiation Agreement
- B) Best Alternative To a Negotiated Agreement
- C) Basic Agreement Tactical Negotiation Approach
- D) Bargaining And Timely Negotiation Agreement
Correct Answer: B) Best Alternative To a Negotiated
Agreement
- Rationale: BATNA represents the best alternative a
party has if negotiations fail, and is crucial for making
informed decisions.
, party's emotions and perspectives is key to persuading
them collaboratively.
4. Collaborative negotiation first aims to achieve:
- A) A win-lose outcome
- B) Conflict avoidance
- C) Shared understanding
- D) Swift decision-making
Correct Answer: C) Shared understanding
- Rationale: Reaching a shared understanding is critical
to building trust and achieving mutually beneficial solutions.
5. Which theory posits that individuals negotiate based on
perceived fairness and inequality?
- A) Game theory
- B) Equity theory
- C) Prospect theory
- D) Rational choice theory
Correct Answer: B) Equity theory
- Rationale: Equity theory in negotiation focuses on the
desire for perceived fairness based on comparative input-
output ratios.
### Fill-in-the-Blank
6. In the negotiating process, __________ involves
analyzing the value and interest each party brings to the
table.
Correct Answer: Value analysis
- Rationale: Understanding each party's value and
interests helps identify mutually beneficial outcomes.
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