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CIPS L4M4 Exam With Confidence Using Practice Dumps

Exam Code:
L4M4
Exam Name:
Ethical and Responsible Sourcing
Vendor:
Questions:
180
Last Updated:
Feb 9, 2025
Exam Status:
Stable
CIPS L4M4

L4M4: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Ethical and Responsible Sourcing Questions and Answers

Question 1

When looking at credit scores, a supplier may be classified as a high risk for reasons that are not linked to poor credit. Which of the following could these be? Select TWO

Options:

A.

The organisation is new

B.

The organisation has no loans or credit cards

C.

The organisation has lots of fixed assets

D.

The organisation does not employ many people

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Question 2

Sourcing aims to achieve the best value for money by taking into account several factors. Freddy is sourcing a new component for his company which manufactures tractors. Should Freddy take into consideration ethics and sustainability?

Options:

A.

yes- ethics and sustainability form part of 'value for money'

B.

yes- ethics and sustainability show that the products are fit for purpose

C.

no- 'value for money' is concerned with achieving the lowest price

D.

no- 'value for money' only concerns price and if the product is fit for purpose

Question 3

Which of the following would be considered a strategic sourcing activity?

Options:

A.

an office ordering copier paper

B.

a bakery ordering eggs

C.

a factory ordering a new machine

D.

a restaurant ordering plastic cups