Cips pass4future cips Level 4 Diploma In Procurement And Supply L4m4 New Questions by Tahlia 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:	tahlia

Question 12

Which of the following should be assessed in supplier proposals to check compliance with environmental, social, and governance (ESG) standards? Select THREE that apply.

Options:

The company's criteria for make or buy decisions

The financial stability of the company

Procedures on intra-company trading

The company’s employee working conditions

The company's code of ethics

The company's policy on carbon emissions

Discussion

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Question 13

Ji Yuan is a procurement manager who is looking for a new supplier to complete reactive maintenance activities throughout his property portfolio. The reactive maintenance will include an array of plumbing tasks as well as fixing electrical items. Suppliers therefore need to be extremely skilled and knowledgeable about a variety of tasks. Ji Yuan has done some initial research and doesn't believe that there are many suppliers who can complete this type of contract. What type of tender should he use?

Options:

negotiated

restricted

open

competitive dialogue

Discussion

Question 14

Procurement professionals should never appoint any suppliers that have a low credit rating. Is this statement TRUE?

Options:

Yes, because this rating indicates poor financial management practices

No, because a credit rating is only one financial tool to be used in determining financial competence

No, because a credit rating is not an appropriate decision-making tool

Yes, because this rating means that insolvency or liquidation is imminent

Discussion

Question 15

Which of the following should be assessed in supplier proposals to check compliance with environmental, social, and governance (ESG) standards? Select THREE that apply.

Options:

The company's criteria for make or buy decisions

The financial stability of the company

Procedures on intra-company trading

The company’s employee working conditions

The company's code of ethics

The company's policy on carbon emissions