Ethical Procurement and Supply L5M5 Paper 4By Admin / January 29, 2025 Edit | Duplicate | Delete | Before you begin ✍️ You are about to practice the questions set for Ethical Procurement and Supply L5M5 Paper 4. Please put away any distractions and focus all your efforts on passing. ⏱️Time limit: 1 hour 30 minutes At the end of your examination practice, you will 📝 View your grade ✅ View the correct answers NOTE: The answers provided haven't been verified by an official CIPS-affiliated entity, therefore consider discussing your concerns with the instructor or fellow students for clarification. To begin your exam practice, wait a few seconds for the start button to appear, then tap the START button. "We're rooting for you all the way!" All the best. 😃 None Advancements in technology have supported the drive for globalisation. Is this correct? . Yes, many barriers to communication have now been removed through technology Yes, emerging technologies have forced some companies overseas to retain staff No, increased use of technology has made global trading much more expensive No, technology has created significantly increased demand for shorter supply chains None A key principle of the World Fair Trade Organisation (WFTO) is to help global businesses expand into new markets to provide better products and fairer pricing for consumers. Is this correct? . Yes, the WFTO will provide grant aid to international businesses No, the WFTO is focused on reducing the power of multinational companies Yes, the WFTO enforces global regulations to protect consumers No, the WFTO aims include supporting smaller or disadvantaged producers None Fairtrade labelling is underpinned by fair trade standards. These standards focus directly on which of the following? Select the TWO apply Working conditions Wages Management training Customer feedback Pensions An organisation can manage reputational risk in relation to its ethical and sustainable procurement practices through which of the following? Select THREE that apply An organisation can manage reputational risk in relation to its ethical and sustainable procurement practices through which of the following? Select THREE that apply Meeting suppliers at third party locations Reducing supplier profitability Ensuring equipment is replaced regularly Carefully selecting all supply chain partners . Implementing responsible procurement policies Automotive Manufacturing Group (AMG) is a global organisation. Its supply chains, both upstream and downstream, have multiple layers and involve numerous different organisations and several locations around the world. Its Chief Procurement Officer (CPO) has highlighted this as a major risk factor for AMG and has prioritized undertaking detailed supply chain mapping, in the first instance to analyse AMG’s supply chain structures. The CPO believes that understanding these structures will help AMG develop more effective risk management strategies. This initial analysis will focus primarily on developing a better understanding of which of the following within AMG’s supply chains? Branding Tiers Complexity Innovation 1 and 2 only 2 and 3 only 1 and 4 only 3 and 4 only None Which of the following would be typical sustainability focused criteria used in procurement and supply decision-making? Products and people Social and environmental Suppliers and planet Waste and policies None Procurement decisions and policies which consider the needs of the present as well as future generations are focused on which of the following? Risk Competition Profit Sustainability None Promoting good corporate citizenship is likely to contribute directly to which of the following for the procurement organisation? Brand reputation Supplier rationalisation Cost reduction Technological development None An environmental impact of increased transportation is most likely to be fewer accidents reduced profit loss of resource atmospheric emissions None An organisation’s ... is the total amount of its greenhouse gas emissions created in support directly and indirectly of its business activities waste generation environmental pollution carbon footprint corporate impact None How might a government promote environmental sustainability which may impact an organisation’s warehousing and distribution decisions? Introduce legislation to reduce emissions Seek co-operation from the United Nations Build more motorways to ease congestion Mandate national ethical codes of practice None ... is a significant contributor to the environmental cost of warehousing and logistics. Greenhouse gas Vehicle maintenance Sourcing components Resource overhead None Which of the following is an increase in the earth's average atmospheric temperature that causes corresponding changes in climate and can be an environmental cost of ineffective warehousing, logistics and other activities? Global warming Visual intrusion Air pollution Increased landfill None Governments can encourage use of greener modes of transport in distribution through which of the following? Developing new fuels specifically for use in logistics Donating a percentage of tax revenues to good causes Environmental training for all long-distance drivers Tax breaks on environmentally friendly vehicles None A procurement organisation has decided to refocus its contract selection and award criteria away from price, delivery and quality in favour of more sustainable supply chain practices. It is most likely to focus on which of the following criteria to achieve this goal? Plans to reduce carbon emissions Processes to ensure zero defects Ability to fulfil the required volumes Last three years’ credit ratings None A buyer is examining information on the loudness of new transportation equipment and the amount of movement that may be experienced nearby when it is running at full speed. The buyer is concerned mostly about which of the following? Air and water pollution Atmospheric emissions and fumes Visual intrusion and land-take Vibration and noise None Which of the following standards relates to packaging and the environment? ISO 20400 ISO 26000 ISO 18601 ISO 9000 None A Corporate Code of Ethics is used to ... hold employees responsible for unethical behaviour enforce ethical behaviours in the organisation comply with international law demonstrate organizational commitment to reinforcing ethical values across all procurement and supply practices None A buyer has a family member working for a potential supplier. This is an example of a ... valued adding opportunity way to drive down costs breach of ethics conflict of interests None A supplier is deemed to have breached the customer’s ethical code. The buyer should... nothing this is outside of the customer’s authority make a note on the suppliers file for future reference escalate to a senior manager in their organisation immediately to maintain business integrity have a quiet word with his supplier contact None The objectives of Corporate Social Responsibility are sometimes known as the ‘triple bottom line’ these refer to ... task, team and individual key performance indicators total quality management people, planet and profit None The concept which concerns itself with meeting the needs of the present, without compromising the ability of future generations to meet their needs is known as ... accountability malleability sustainability promotability None ... promotes “good corporate citizenship and responsibility for corporate actions, as well as encouraging a positive impact on all its stakeholders, including suppliers, consumers, employees, communities governments and the environment”. CSR MRP VfM JIT None An environmental impact of transportation could be ... loss of resource air pollution and atmospheric emissions pest factors loss of profit None A key metric that can be used to measure and report on sustainability is ... global monitoring ethical monitoring environmental monitoring sea temperature None Please proceed to view your grade. Fingers crossed🤗 Time's upTime is Up!"✨Spread success—share these past papers and empower others to excel!✨" Whatsapp Telegram Facebook0 Twitter Wechat Linkedin0 Post navigation Previous Ethical Procurement and Supply L5M5 Paper 3 Next Ethical Procurement and Supply L5M5 Paper 5 Leave a Comment Cancel ReplyYour email address will not be published. Required fields are marked *Type here..Name* Email* Website Save my name, email, and website in this browser for the next time I comment. Δ
