Cips nwexams ace Your L4m4 Cips Level 4 Diploma In Procurement And Supply Exam by Orion 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:	282 Q&A's	Shared By:	orion

Question 48

Which of the following are considerations when evaluating quality as a criterion for supplier selection? Select TWO that apply.

Options:

The existence of policies and initiatives toward more sustainable packaging and materials

The existence of Total Quality Management (TQM) and a continuous improvement culture

Certification to the management system ISO 9001

Certification to the management system ISO 14001

The supplier's environmental impact analysis

Discussion

Question 49

If a commodity index shows that the price of a commodity is continually rising, what does this indicate about the market?

Options:

that there is little demand in the marketplace

demand is exceeding supply

there is a threat of substitution

the marketplace is a monopoly

Discussion

Question 50

Which of the following are remedial actions that may be undertaken by the purchasing organisation following a supplier audit? Select the TWO that apply.

Options:

Violating the terms of the supplier contract

Define specific corrective actions for the supplier

Daily brainstorming meetings with the supplier

Employing the supplier’s staff for job training

Running supplier development programmes

Discussion

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Question 51

Guillerme is a Category Manager within the procurement department of a Manufacturing company. In his Category there are 200 items he procures, and he has recently undertaken an ABC analysis of these. Which of the following items would be C category items?

Options:

high value items

one-off purchases

tail spent

strategic sourcing