PASS GUARANTEED 2025 CIPS L4M4–VALID EXAM OBJECTIVES

Pass Guaranteed 2025 CIPS L4M4–Valid Exam Objectives

Pass Guaranteed 2025 CIPS L4M4–Valid Exam Objectives

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Tags: L4M4 Exam Objectives, L4M4 Lab Questions, Valid L4M4 Exam Vce, L4M4 Valid Exam Review, Exam L4M4 Vce Format

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CIPS L4M4 Lab Questions - Valid L4M4 Exam Vce

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CIPS Ethical and Responsible Sourcing Sample Questions (Q137-Q142):

NEW QUESTION # 137
Robert is appraising suppliers and is keen to evaluate suppliers' contribution to the community and the environment. Which of the following should Robert look at?

  • A. ESG Policy
  • B. ISO9001
  • C. ISO27000
  • D. Anti-Slavery Policy

Answer: A

Explanation:
Robert should look at the supplier's ESG policy. This stands for Environmental Social Governance. So covers both his requirements for community (social) and environmental factors.
ISO 9001 is about Quality Management and ISO27000 about Information Security so these are in-correct answers. An Anti-Slavery Policy would not discuss the environment.


NEW QUESTION # 138
A procurement manager for a major retail group is using ratio analysis to assess the financial viability of suppliers who have tendered for a logistics services tender. The recommended supplier has a current ratio of
0.6. What are the potential consequences of awarding the contract to this supplier, given their current ratio is below 1?

  • A. The supplier will be unable to pay its short-term liabilities using current assets
  • B. The supplier will be unable to cover long-term liabilities from revenues
  • C. The supplier will have cash reserves to cover unexpected expenses
  • D. The results of the current ratio do not mean anything as long as the supplier has proven technical merit

Answer: A

Explanation:
A current ratio below 1 suggests that the supplier may not have sufficient current assets to cover short-term liabilities, which could pose a risk to the buyer. Assessing financial stability aligns with responsible sourcing practices, as it ensures suppliers can fulfill contracts without disruption.


NEW QUESTION # 139
What is a risk of pre-warning a supplier that you will conduct an audit of their facilities?

  • A. they will not achieve KPIs
  • B. they will not perform regular duties that day
  • C. they may coach staff in what to say
  • D. they will not be able to make that time and date

Answer: C


NEW QUESTION # 140
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?

  • A. Yes, the procurement buyer can advise on the competitive proposal but should engage with the business managers about the decision to award the tender
  • B. No, it is a lengthy, costly, and unnecessary step for the procurement buyer to engage business managers
  • C. Yes, the procurement buyer should assess and take all decisions to award the tender independently of the business managers to avoid conflict of interest
  • D. No, the buyer's recommendations are not relevant to the final sourcing decision, which must be taken by the business managers

Answer: A

Explanation:
Engaging with business managers while making sourcing recommendations ensures that the buyer considers multiple perspectives, reducing potential biases and improving decision-making. This approach aligns with ethical sourcing practices by promoting collaboration and transparency in tender decisions.


NEW QUESTION # 141
Tracey Collum is a procurement professional and married to Nick Collum.
Tracey has been leading a tender for a new radar system, where four suppliers have submitted their bids.
After the bids were received, Nick joined one of the suppliers (Supplier X) as the project director for radar systems.
Nick has asked Tracey to award the contract to Supplier X. What should Tracey do?

  • A. Award the contract to Supplier X because Nick will be promoted if Supplier X wins the contract
  • B. Award the contract to Supplier X because Tracey can ask for a better price because they are married
  • C. Ask to be removed from the tender due to a conflict of interest and complete a conflict of interest form
  • D. Remove Supplier X from the tender due to a conflict of interest and continue with the tender

Answer: C

Explanation:
To maintain integrity and avoid conflicts of interest, Tracey should declare the conflict and remove herself from the tender process. Ethical sourcing practices emphasize transparency and fairness, which prevent potential biases and maintain trust within procurement processes.


NEW QUESTION # 142
......

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