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L4M4 Exam Dumps : Ethical and Responsible Sourcing

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Ethical and Responsible Sourcing Questions and Answers

Question 1

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.

Options:

A.

It provides evidence of the contract of carriage for the goods

B.

It provides evidence of the title of ownership of the goods

C.

It provides evidence of the country of origin of the goods

D.

It provides evidence that the goods are fully insured in transit

E.

It provides evidence guaranteeing the use of Incoterms on the goods

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Question 2

Damian is a procurement professional in the Public Sector. He has recently run a competition to source new uniforms for hospital staff and has decided on a suitable supplier. Should Damian con-duct post tender negotiation with the supplier?

Options:

A.

yes- post-tender negotiation may result in a lower price and thus better value for money

B.

yes- all tender processes should include post-tender negotiation

C.

no- this isn't necessary as Damian has selected the most appropriate supplier

D.

no- it would be against the law for Damian to do this

Question 3

Tulip Rose Industries is using a restricted approach to tendering for a new contract for the facilities management of their seven factories which produce furniture made of organic materials. What is likely to be the reason they are using a restricted approach?

Options:

A.

the requirement is complex

B.

the suppliers are likely to be unqualified

C.

interest in the tender opportunity is likely to be low

D.

interest in the tender opportunity is likely to be high