Is this the correct course of action?
Tony is undertaking a negotiation with a strategic supplier and is frustrated by the lack of progress. He proposes using threats to get what he wants from the negotiations.
Is this the correct course of action?
A . Yes, Tony will get what he requires from the negotiations
B . Yes, a long-term relationship is not required with the supplier
C . No, a long-term relationship built on trust is required with the supplier
D . No, it does not guarantee Tony will get what he requires from the negotiations
Answer: C
Explanation:
Using threats is generally inappropriate in strategic supplier negotiations where a long-term, trust-based relationship is required (C). Threatening tactics can damage the relationship and may result in resistance from the supplier. CIPS advocates for collaborative approaches in strategic relationships to foster mutual trust and achieve sustainable agreements.
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