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? No, technology has created significantly increased demand for shorter supply chains No, increased use of technology has made global trading much more expensive Yes, emerging technologies have forced some companies overseas to retain staff . Yes, many barriers to communication have now been removed through technology 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 enforces global regulations to protect consumers No, the WFTO aims include supporting smaller or disadvantaged producers . Yes, the WFTO will provide grant aid to international businesses No, the WFTO is focused on reducing the power of multinational companies None Fairtrade labelling is underpinned by fair trade standards. These standards focus directly on which of the following? Select the TWO apply Management training Wages Working conditions 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 Meeting suppliers at third party locations Carefully selecting all supply chain partners An organisation can manage reputational risk in relation to its ethical and sustainable procurement practices through which of the following? Select THREE that apply . Implementing responsible procurement policies Reducing supplier profitability Ensuring equipment is replaced regularly 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 4 only 3 and 4 only 2 and 3 only 1 and 2 only None Which of the following would be typical sustainability focused criteria used in procurement and supply decision-making? Waste and policies Social and environmental Suppliers and planet Products and people None Procurement decisions and policies which consider the needs of the present as well as future generations are focused on which of the following? Sustainability Competition Risk Profit None Promoting good corporate citizenship is likely to contribute directly to which of the following for the procurement organisation? Supplier rationalisation Cost reduction Brand reputation Technological development None An environmental impact of increased transportation is most likely to be atmospheric emissions reduced profit loss of resource fewer accidents None An organisation’s ... is the total amount of its greenhouse gas emissions created in support directly and indirectly of its business activities carbon footprint waste generation environmental pollution corporate impact None How might a government promote environmental sustainability which may impact an organisation’s warehousing and distribution decisions? Mandate national ethical codes of practice Seek co-operation from the United Nations Build more motorways to ease congestion Introduce legislation to reduce emissions None ... is a significant contributor to the environmental cost of warehousing and logistics. Greenhouse gas Sourcing components Resource overhead Vehicle maintenance 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? Increased landfill Global warming Visual intrusion Air pollution None Governments can encourage use of greener modes of transport in distribution through which of the following? Donating a percentage of tax revenues to good causes Environmental training for all long-distance drivers Developing new fuels specifically for use in logistics 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? Processes to ensure zero defects Plans to reduce carbon emissions Last three years’ credit ratings Ability to fulfil the required volumes 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? Atmospheric emissions and fumes Air and water pollution Visual intrusion and land-take Vibration and noise None Which of the following standards relates to packaging and the environment? ISO 9000 ISO 20400 ISO 26000 ISO 18601 None A Corporate Code of Ethics is used to ... demonstrate organizational commitment to reinforcing ethical values across all procurement and supply practices comply with international law enforce ethical behaviours in the organisation hold employees responsible for unethical behaviour None A buyer has a family member working for a potential supplier. This is an example of a ... breach of ethics conflict of interests valued adding opportunity way to drive down costs None A supplier is deemed to have breached the customer’s ethical code. The buyer should... make a note on the suppliers file for future reference have a quiet word with his supplier contact nothing this is outside of the customer’s authority escalate to a senior manager in their organisation immediately to maintain business integrity None The objectives of Corporate Social Responsibility are sometimes known as the ‘triple bottom line’ these refer to ... task, team and individual total quality management key performance indicators 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 ... sustainability promotability accountability malleability 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”. JIT MRP VfM CSR None An environmental impact of transportation could be ... loss of profit loss of resource pest factors air pollution and atmospheric emissions None A key metric that can be used to measure and report on sustainability is ... global monitoring environmental monitoring ethical 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
