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CIPS L4M4 Questions Answers

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Total 217 questions

Ethical and Responsible Sourcing Questions and Answers

Question 5

A buyer has been working with their business managers on a tender. The buyer is now assessing the tender proposals from the external market. Is it good practice for the procurement buyer to makesourcing recommendations?

Options:

A.

Yes, the procurement buyer should assess and take all decisions to award the tender independently of the business managers to avoid conflict of interest

B.

No, it is a lengthy, costly, and unnecessary step for the procurement buyer to engage business managers

C.

No, the buyer's recommendations are not relevant to the final sourcing decision, which must be taken by the business managers

D.

Yes, the procurement buyer can advise on the competitive proposal but should engage with the business managers about the decision to award the tender

Question 6

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

Question 7

Which of the following are considerations when evaluating quality as a criterion for supplier selection? Select TWO that apply.

Options:

A.

The existence of policies and initiatives toward more sustainable packaging and materials

B.

The existence of Total Quality Management (TQM) and a continuous improvement culture

C.

Certification to the management system ISO 9001

D.

Certification to the management system ISO 14001

E.

The supplier's environmental impact analysis

Question 8

Which of the following is not a indices that measures economic data?

Options:

A.

PPI

B.

CPI

C.

GDP

D.

ISO

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Total 217 questions