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L4M4 Exam Dumps : Ethical and Responsible Sourcing

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Ethical and Responsible Sourcing Questions and Answers

Question 1

Pierre is constructing a tender for a security contract. As well as cost, he would like to ask the security companies some questions about their health and safety processes and staff qualifications. He has created several questions and weighted these so that they add up to 25. is this the correct thing to do?

Options:

A.

yes- point systems can be weighted any way a buyer choses so long as this is explained in the ITT

B.

yes- 25 is the correct weighting for quality question

C.

no- the weighting should total 10

D.

no- the weighting should total 100

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Question 2

A procurement manager has a new contract to award. They know there will be considerable interest from potential suppliers, as there are approximately twelve companies in the market. Which of the following is a benefit of using a full competitive tendering process for this new contract?

Options:

A.

All suppliers will know how much the others have bid

B.

Only the procurement manager can decide who wins

C.

All bidders will be treated equally

D.

It is a quick and informal process

Question 3

Which of the following is an example of intracompany trading? Select TWO

Options:

A.

a manufacturer in the UK buys raw copper from a supplier in Chile

B.

two companies owned by the same entity conduct business

C.

two companies join together to create a new product

D.

two departments within the same company collaborate on a project

E.

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