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Quiz CIPS - L4M4–Newest Latest Test Discount

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CIPS L4M4 Exam Syllabus Topics:

Topic
Details

Topic 1

Understand the key processes that can be applied to the analysis of potential external suppliers:

Topic 2

Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.

Topic 3

Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.

Topic 4

This section examines analyzing market data, obtaining quotations
tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.

CIPS Ethical and Responsible Sourcing Sample Questions (Q106-Q111):

NEW QUESTION # 106
The Universal Declaration of Human Rights means that member states cannot restrict their citizens of any of the rights listed. Which of the following rights may apply to employees who make a complaint about unfair pay and conditions that are not comparable to others in the company?

A. The right to be treated equally
B. The right to free speech and expression
C. The right to freedom
D. The right to beliefs

Answer: A

Explanation:
The Universal Declaration of Human Rights (UDHR) Article 23(2) states that "Everyone, without any discrimination, has the right to equal pay for equal work." This underscores the principle of equality in the workplace, ensuring that employees are treated equally regarding pay and conditions. Therefore, employees raising concerns about unfair pay compared to their colleagues are exercising their right to be treated equally.
Reference:
Universal Declaration of Human Rights, Article 23(2):

NEW QUESTION # 107
A procurement manager suggests implementing an ISO environmental standard to improve procurement practices. Some colleagues worry about complexity and resistance. Should the company proceed?

A. Yes, as it would align with and help to achieve sustainability goals
B. No, because ISO standards are only relevant to large organisations
C. Yes, implementation would guarantee compliance with environmental laws
D. No, ISO standards are too complex for staff and suppliers

Answer: A

Explanation:
ISO environmental standards (e.g., ISO 14001) provide a structured framework for managing environmental responsibilities. They support sustainability goals by embedding continual improvement, legal compliance, and stakeholder trust. They are relevant to organisations of all sizes and sectors, not just large firms. While they do not automatically guarantee compliance, they enhance systematic control, training, and supplier engagement. Resistance and complexity can be overcome with phased implementation and awareness- building. CIPS emphasises that adoption of recognised standards demonstrates responsible sourcing, aligns with CSR strategies, and reassures stakeholders about commitment to sustainability.
Reference: CIPS L4M4 Study Guide (v2), LO: "Concepts" - standards, sustainability frameworks, ISO principles.

NEW QUESTION # 108
The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers. What is a disadvantage of using a weighted point system?

A. it is easy to manipulate
B. it is hard to be objective
C. it allows transparency
D. it is time-consuming to create

Answer: C

Explanation:
Weighted points systems can be time consuming to create. They're very transparent and allow for objective grading of supplier bids (so these answers are incorrect). They are not easy to manipulate and this is an advantage of using them.

NEW QUESTION # 109
Which of the following are key areas of regulations that govern organisations in responsible procurement and supply?

A. Ethical practice, data protection and marketplace competition
B. Digitisation, artificial intelligence and innovations
C. Company culture, product branding and staff uniforms
D. Competitive pricing, unsecured business loans and threats of new entrants

Answer: A

Explanation:
Responsible procurement and supply are governed by several key regulatory areas to ensure ethical and fair practices. These include:
* Ethical Practice:Ensures that organisations conduct business in a manner that is ethical and free from corruption.
* Data Protection:Involves safeguarding personal and sensitive information, ensuring compliance with laws such as the General Data Protection Regulation (GDPR).
* Marketplace Competition:Ensures fair competition among businesses, preventing monopolies and promoting consumer choice.
These areas are critical in maintaining integrity, trust, and compliance within procurement activities.
Exact Extract from Study Guide:
"Key areas of regulation that organisations must follow include data protection, ethical practice, health, safety and environment, worker rights, marketplace competition, and product safety standards."

NEW QUESTION # 110
The bill of lading is one of the main documents associated with sea freight within international sourcing.
Which of the following statements represent some of the uses of the bill of lading? Select TWO that apply.

A. It provides evidence guaranteeing the use of Incoterms on the goods
B. It provides evidence of the country of origin of the goods
C. It provides evidence of the contract of carriage for the goods
D. It provides evidence of the title of ownership of the goods
E. It provides evidence that the goods are fully insured in transit

Answer: C,D

Explanation:
The bill of lading serves as both a receipt of goods and a document of title, which means it confirms the contract of carriage and can transfer ownership. Responsible sourcing in international trade requires precise documentation, which is why the bill of lading is critical in verifying both carriage and title.

NEW QUESTION # 111
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