Cips freetechexam full Access L4m4 Tutorials by Kingsley 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:	301 Q&A's	Shared By:	kingsley

Question 88

Why would you use a credit score to appraise a supplier?

Options:

to understand the level of risk the supplier poses to your organisation

to understand if their prices reflect market value

to find out how much money the supplier has in the bank

to find out if the supplier has any unethical business practices

Discussion

Question 89

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

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Question 90

A buyer is only interested in working with suppliers who have strong Environmental and Social Governance practices. It is therefore using ethical criteria as supplier selection stage to determine which suppliers to work with. Which of the following statements is true?

Options:

compliance with Codes of Conduct from professional bodies is mandatory

ethical behaviour is impossible to determine as issues such as Modern Slavery often go undetected

the buyer should ask suppliers to be accredited to ISO9001a supplier who follows the CIPS Code of Conduct is more likely to meet the buyer's needs