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Ethical Procurement and Supply L5M5 Paper 5.
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Through Key Performance Indicators and audits, an organization can effectively track...
What strategies might an organization implement to advance its Corporate Social Responsibility (CSR) initiatives?
What is a typical social element that helps drive the sustainability agenda?
Which of the following might an organization incorporate into its defined social outcomes?
How can a transport manager reduce the environmental footprint of vehicles?
What steps can a government take to promote environmental sustainability?
What benefits does global sourcing offer to purchasers, considering the sustainability issues involved?
Which of the following statements is true about quantitative and qualitative methods used to audit or review sustainability compliance in supply chains?
What potential sustainability conflicts might arise between a purchaser and other stakeholders in supply chains?
If supply chain employees suspect unethical behavior, is it a good practice for them to be encouraged to blow the whistle?
What is the main focus of the Sarbanes-Oxley regulations?
- investor protection
- product quality
- clear commercial advertising
- corporate financial disclosure
In what ways can procurement leverage power responsibly to advance sustainability in supply chains? Which type of power allows a procurement professional to dominate stakeholders within the supply chain?
Select three pricing and payment approaches that help the procurement function promote sustainability.
Portfolio analysis can be used by the procurement function to assess sustainability risk and the scope for improvement, within supply chains . Which of the following is an example of a portfolio analysis tool?
To develop a sustainable procurement policy, organizations use various approaches. Which of the following could be one of them?
- Defining the vision for sustainable procurement
- Identifying non-sustainability issues.
- Minimising the availability of resources
- Identifying the key principles of sustainable procurement
Companies committed to improving social conditions in their supply chains up to global standards follow which of these approaches?
Recognizing that poverty can only be reduced through collaborative trade efforts, which of the following includes the participation of all stakeholders, from workers to consumers?
When it comes to Fair Trade, which of the following should be included in suppliers' responsibilities? Choose THREE that apply.
From the list below, which four sustainability practices should be included in contract specifications? Choose Five that are relevant.
What is the name of the audit where feedback on supplier performance is objective, unbiased, and independent?
What cultural and social challenges are encountered when sourcing from suppliers in developed countries versus developing countries?
What would be most effective in helping an organization adopt responsible procurement in its sourcing activities?
Which of the following approaches can assess social, environmental, and economic performance in supply chains, using four perspectives?
Can certain types of supplier relationships negatively impact sustainability?
One way to describe how companies view the world as a unified market is through the concept of ...
What tool of analysis can be used to examine the key factors influencing globalization in supply chains?
Which term refers to the characteristics of population structure and its growth?
An example of a leading environmental standard relating to sustainable sourcing is ...
A widely recognized social standard that supports sustainable sourcing is ...
What is true about the excessive application of sustainability standards in supply chains?
What is the tool that enables a purchaser to identify risks related to sustainability, compliance, or reputation within a supply chain?
What criteria should a major retail organization prioritize when developing specifications and selecting suppliers in response to consumer pressure for more social value?
- Reducing product costs
- Supporting local communities
- Improving working conditions
- Increasing sales revenues
Select the two environmental considerations that are relevant during the entire contract life cycle.
As International Power Group (IPG) updates its specifications to align with future requirements, prioritizing environmental considerations, which of the following will be the key focus for reducing environmental impact?
Is it true that the triple bottom line concept has influenced reverse logistics by urging organizations to prioritize resource use for profit growth and customer satisfaction?
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