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L4M4 Exam Dumps : Ethical and Responsible Sourcing

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Ethical and Responsible Sourcing Questions and Answers

Question 1

A buyer evaluates a supplier's ethical and social practices during the pre-qualification stage of the supplier onboarding process. Which of the following variables would trigger further follow-up activities?

Options:

A.

On discovering that trade (labour) union memberships are not permitted by the supplier in its place of work

B.

On discovering that no employees can work without agreeing to the buyer organisation's code of conduct

C.

If the supplier's employees have a good understanding of their employment rights

D.

When staff are unionised and appropriate time is provided for union activities

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Question 2

What is a major benefit to using Incoterms when sourcing goods internationally?

Options:

A.

it ensures value for money

B.

it ensures ethical business practices

C.

it replaces lengthy contractual clauses

D.

it replaces the need for insurance

Question 3

Which of the following are examples of secondary data? Select TWO

Options:

A.

economic indices

B.

trade fairs and exhibitions

C.

networking

D.

commissioned market research

E.

comparison websites