Cips udemy selected L4m4 Cips Level 4 Diploma In Procurement And Supply Questions Answers by Leela 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:	leela

Question 80

A buyer evaluates a supplier's ethical and social practices during the pre-qualification stage of the supplier onboarding process. Which of the following variables would trigger further follow-up activities?

Options:

On discovering that trade (labour) union memberships are not permitted by the supplier in its place of work

On discovering that no employees can work without agreeing to the buyer organisation's code of conduct

If the supplier's employees have a good understanding of their employment rights

When staff are unionised and appropriate time is provided for union activities

Discussion

Question 81

Luke has sent out a Request for Information to test the waters of the supply market for a new product he is sourcing. He has received a high number of detailed documents back from suppliers. Which of the following is Luke now likely to know about the marketplace? Select THREE

Options:

acceptable lead times

amount of product competition

expected changes in the marketplace

exact costs of the item he's procuring

samples of the product

Discussion

Question 82

Polygon Incorporated is a new company in the mining industry, which often gets bad press due to issues of sustainability. Which of the following should Polygon Incorporated consider when developing sustainable business practices?

Options:

people, profit, planet

economic, ethical and environmental

efficiency, effectiveness, impact

fraud, bribery and corruption

Discussion

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Question 83

In which circumstances would a procurement manager effectively use competitive tendering for the award of contracts?

Options:

When the value of the procurement is high and special tooling is a major factor

When the requirement is needed urgently and price is not the most important factor

When the suppliers have technical expertise, and the value of the procurement is relatively high

When the specification is likely to be continuously reviewed as the contract progresses