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Total 282 questions

Ethical and Responsible Sourcing Questions and Answers

Question 41

Ali is the Category Manager at an airplane manufacturing factory. He works with many different suppliers who provide different components for the planes. The company is investing heavily in Environmental and Social Governance and Ali has been asked by the CEO what the best practice is to ensure ethical behaviour from suppliers. Ali has suggested completing Audits. Is this the right thing to do?

Options:

A.

No- audits will only reveal financial issues not ethical ones

B.

No- Ali should simply ask the supplier's about their ethical practices

C.

Yes- audits always uncover ethical violations such as modern day slavery

D.

yes - these can be completed without warning which would give Ali an accurate picture of the supplier's operations

Question 42

Which of the following factors are typically considered when assessing a supplier's financial capacity?

Options:

A.

The supplier’s profitability and asset levels

B.

The price quoted in the request for quotation

C.

The supplier’s costing methods and markup percentage

D.

The supplier’s compliance with regulations for minimum wages

Question 43

Chantelle is a procurement apprentice working in the public sector for an education organisation. As a result of studying towards the CIPS qualification, Chantelle has become aware of the importance of incorporating sustainability and environmental award criteria into tender exercises and has informed her manager of this. For the purchase of IT supplies, which requirement could be evaluated within the sustainability and environmental award criterion?

Options:

A.

After-sales support

B.

Competitive pricing

C.

Delivery lead time

D.

Consolidated delivery

Question 44

Steff is a procurement manager at Giant Buttons Ltd who are considering offshoring a small section of their manufacturing operations. Which of the following is a risk of offshoring that Steff should consider.

Options:

A.

importation rules and tariffs

B.

exportation rules and tariffs

C.

payments by electronic bank transfer

D.

lower operating costs

Page: 11 / 21
Total 282 questions