CIPS Managing Ethical Procurement and Supply (L5M5) - L5M5 FREE EXAM DUMPS QUESTIONS & ANSWERS
Nicolas is the Head of Procurement at Penny Dolittle Manufacturing Company. He is introducing an ESG agenda to the company's procurement strategy, especially regarding sustainability. Nicolas believes an advantage of this is that it will drive innovation. Is he correct?
Correct Answer: C
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The main aim of the ILO is to promote rights at work and improve social protection. Is this TRUE?
Correct Answer: B
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Supply Chain Operations Reference (SCOR) is a model of supply chain mapping used by many procurement professionals. Which of the following are advantages of SCOR? Select TWO
Correct Answer: C,D
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What is the purpose of an IPO (International Procurement Organisation)?
Correct Answer: C
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The use of child labour can affect which parties in the supply chain? Select TWO
Correct Answer: B,D
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According to the International Institute for Sustainable Development, which of the following are part of the 6 key components of a CSR Plan? Select THREE
Correct Answer: A,B,D
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Santino is a procurement manager at ABC Ltd. He manages a contract with a supplier. The relationship is characterised by both companies seeking advantages at the expense of the other. What type of relationship does Santino have with his supplier?
Correct Answer: B
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One criticism of the UN Global Compact is that some organisations join without making real ethical improvements, using it for legitimacy instead. What is this known as?
Correct Answer: C
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The unethical practice of using information that is not publicly available to trade on the stock market is commonly known as what?
Correct Answer: C
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Expert Determination is a form of contract dispute resolution which is best suited to what circumstances?
Correct Answer: D
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