All questions

Tell me about a time when you successfully negotiated a deal that was initially unfavorable to your company.

mediumAsked occasional
Trade
Communication
Problem-Solving

Why this question is asked

This question assesses your negotiation skills, which are essential in trade. It evaluates how you perceive value and manage stakeholder expectations to achieve desirable outcomes.

How to answer it

Use the STAR method to describe the situation, the approach you took in the negotiation, and the results. For example, 'In my last role, we faced a 20% price increase from a supplier. I researched alternative vendors and presented data supporting a more competitive price, ultimately saving us 15%.'

Skills assessed

ClarityConfidenceConstructive feedbackEmpathyFriendlinessHumorInterviewingListeningNon-verbalPresentation SkillsQuick-wittednessRespectStorytellingVerbalWrittenAnalysisBrainstormingDecision makingInitiativeLateral thinkingLogical reasoningNegotiationObservationPersistencePersuasion

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