Cips marks4sure cips Level 4 Diploma In Procurement And Supply L4m4 Book by Jaden q0 vce pdf

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Exam Name:	Ethical and Responsible Sourcing
Exam Code:	L4M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	217 Q&A's	Shared By:	jaden

Question 16

Which of the incoterms listed are suitable for transporting goods via train?

Options:

FAS

FOB

CRF

EXW

Discussion

Question 17

Which of the following is a regulatory body which protects the rights of workers?

Options:

ISO

ILO

FairTrade

WWF

Discussion

Question 18

Many organisations prefer a multi-sourcing approach because of the advantages it provides. Which of the following might be an advantage of multi-sourcing?

Options:

It is the only approach that supports the open tendering process

It is the only approach that enables the buyer to isolate the best supplier from among many

It helps the buyer to increase stock varieties to avoid stock-outs

It increases process flexibility and switching using a range of approved suppliers

Discussion

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Question 19

When evaluating a supplier's proposal in relation to ESC (Environmental, Social, Governance, and ethical elements), it is common to send questionnaires to suppliers requesting information, which can later be scored. Which of the following questions would be assessing any of the ESC criteria?

Could you provide details on your manufacturing and raw material costs as part of an open-book pricing contract?

How do you promote equal opportunity for your employees, customers, and suppliers?

What is the annual turnover and profitability of your company?

Does your company have an anti-bribery policy?

Options:

1 and 3

2 and 3

2 and 4

1 and 4