Cips exams4sure pass L4m4 Exam Guide by Araya q0 vce pdf

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CIPS L4M4 Exam Overview :

Exam Name:	Ethical and Responsible Sourcing
Exam Code:	L4M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	282 Q&A's	Shared By:	araya

Question 60

An organisation is keep to include Social Outcomes in it's assessment for Value for Money for a new tender. Which of the following should be considered?

Options:

use of local labour to deliver the contract

CO2 emissions of the supplier's delivery vehicles

supplier's ESG policy

accreditations such as Fair Trade

Discussion

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Question 61

As a procurement officer for a large organisation, a supplier approaches you on social media offering to take you out for dinner to discuss a recent open opportunity and mentions a financial reward if you help them win the business. You accept the invite. Was this the right thing to do?

Options:

Yes, you are free to do what you like outside of business hours

No, it is not appropriate to discuss open opportunities with one provider and not another

Yes, you are keen to see what is on offer as you are only on minimum wage currently and need extra money

No, but you will go for the dinner and see what they offer, because it is up to you to decide if you should accept

Discussion

Question 62

If a company is described as 'liquid' what does this mean?

Options:

the company is funded on equity rather than debt

the company spends a lot of money

the company is highly profitable

the company has enough money to pay short-term liabilities

Discussion

Question 63

You have been asked to purchase 500 pens of a specific brand. You decided to use a weighted points system for assessment of proposals. Is this approach appropriate?

Options:

Yes, a weighted points system is always the best way to evaluate suppliers' bids

No, it is not necessary, as in this case, you are mainly concerned with price

Yes, you should follow the same procurement process irrespective of the circumstances

No, you should only use a weighted points system for high-spend procurement