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CIPS Level 4 Diploma in Procurement and Supply Ethical and Responsible Sourcing

Ethical and Responsible Sourcing

Last Update Dec 18, 2025
Total Questions : 282

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Questions 2

A procurement manager analyses total company expenditure on goods and services. What can expenditure by product category or supplier achieve? (Select TWO)

Options:

A.  

Provide information on costs and trends for comparison

B.  

Help set the organisation’s marketing strategy

C.  

Highlight opportunities for negotiating better prices

D.  

Provide analysis to help with production planning

E.  

Identify how obsolete stock can be disposed of sustainably

Discussion 0
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Questions 3

Why do tenders often have longer timescales in the public sector when compared with those of the private sector?

Options:

A.  

There is a more detailed debrief requirement in the public sector

B.  

There is wider stakeholder involvement in the public sector

C.  

All public sector purchases are mandated to use a tendering procedure

D.  

Regulation of the public sector usually dictates minimum timescales

Discussion 0
Questions 4

A procurement manager has decided to use a local newspaper to source quotes from external suppliers. Why is it important to advertise tenders? Select TWO that apply.

Options:

A.  

To gain tactical sourcing

B.  

To gain green procurement

C.  

To gain value for money

D.  

To avoid complex bids

E.  

To gain insights from the market

Discussion 0
Questions 5

Compared with single sourcing, what is a key advantage to dual or multiple sourcing? Select TWO

Options:

A.  

It is easy to drive down costs

B.  

There is a risk of failure to supply

C.  

Economies of scale

D.  

Supplier Loyalty

E.  

Low risk of failure to supply

Discussion 0
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