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CIPS-Ethical and Responsible Sourcing L4M4 Paper 7.
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1.
What are the advantages of conducting unannounced audits for suppliers?
2.
What term describes the use of power to unfairly favor family members?
3.
Which of the following is not one of the three pillars of sustainability?
4.
Which of these is not part of the triple bottom line?
5.
Which among the following is not of standard that can be adopted promote sustainable development-focused practice?
6.
What term describes development that meets current needs without harming the ability of future populations to meet theirs?
7.
What describes a contractual agreement where a foreign organization invests in the procuring government’s country?
8.
What are criticisms of how international organizations have used local labor in the past?
9.
How is gross profit calculated?
10.
Which of these documents/systems facilitates the movement of goods within the UK?
1.T1 document
2. Import/Export License
3. Single Administrative Document
4. Quota system
5. New Computerized Transit system
6. Customs Declaration Service
11.
What is it called when government restrictions limit both access to and use of a currency?
12.
Pick the odd scenario for when in-sourcing might occur:
13.
What term describes the ability to meet current needs without compromising future generations?
14.
In a high-quality leather bag factory, which item should be sourced strategically?
15.
In Barnes’ outsourcing matrix (2008), which approach entrusts tasks to a strategic partner while retaining control?
16.
What term describes evaluating a supplier’s capacity to fulfill contracts based on quality, delivery, pricing, and ethics?
17.
Which technique is not recommended for finding potential suppliers before pre-qualification?
18.
Risks from skipping pre-qualification or appraisal include all except:
19.
Internal and external factors influencing supplier performance include…?
20.
Which is not a risk of outsourcing?
21.
Single sourcing supports which type of relationship?
22.
Which is not included in tender documents for suppliers?
23.
Tendering approaches include all except:
24.
What must be the outcome of negotiation with a single-sourced supplier?
25.
What is the goal of transfer pricing arrangements?
26.
Which is not a disadvantage of transfer pricing arrangements?
27.
Which of the following activities does not fall under the scope of international procurement?
28.
What is a document guaranteeing payment under specific terms and conditions?
29.
For capital procurement, organizations assess which factors in pricing?
30.
True or False: Organizations might collaborate with top-tier leverage and bottleneck suppliers.
