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Guide for L4M4: CIPS Ethical and Responsible Sourcing

Quiz L4M4: CIPS Ethical and Responsible Sourcing

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/ 10

Quiz

1/10
What is the best way to demonstrate that your organisation does not tolerate bribery and
corruption?
Select the answer
1 correct answer
A.
Not working with suppliers who you have heard have a reputation for bribery and corruption
B.
Requesting your supplier’s ethical policies on an annual basis
C.
Having full anti-bribery training, policies, and procedures in place
D.
Asking all suppliers to read your organisation’s policy on anti-bribery and corruption

Quiz

2/10
Ramesh is an IT category manager within the UK’s National Health Service and is responsible for the
procurement of a new high-value network system, which will spread across multiple doctors'
practices and community health centres. Ramesh has reviewed different tender approaches and
concluded that the use of a restricted tender is the most appropriate. Which of the following
statements is true for a restricted tender process?
Select the answer
1 correct answer
A.
Direct negotiations occur prior to suppliers submitting their offer
B.
The contract will be awarded strictly on pricing criteria
C.
Suppliers responding to the tender are pre-qualified
D.
It is only relevant when there are few suppliers in the market

Quiz

3/10
Many organisations prefer a multi-sourcing approach because of the advantages it provides. Which
of the following might be an advantage of multi-sourcing?
Select the answer
1 correct answer
A.
It is the only approach that supports the open tendering process
B.
It is the only approach that enables the buyer to isolate the best supplier from among many
C.
It helps the buyer to increase stock varieties to avoid stock-outs
D.
It increases process flexibility and switching using a range of approved suppliers

Quiz

4/10
A procurement manager of a medium-sized company has suggested to their executive board that
implementing an ISO environmental standard would improve procurement practices and reduce
environmental and social impacts. However, some colleagues are concerned about the potential
complexity and supplier resistance. Should the company go ahead with the recommendation?
Select the answer
1 correct answer
A.
Yes, as it would align with, and help to achieve, sustainability goals
B.
No, ISO standards are too complex for staff and suppliers to understand and follow
C.
No, because ISO standards are only relevant to large organisations
D.
Yes, implementation would guarantee that the company is compliant with all environmental laws

Quiz

5/10
A buyer might opt to do an 'Invitation to Tender' rather than a 'Request for Quotation' process
because ...
Select the answer
1 correct answer
A.
The supplier market is an oligopoly where there are a few large suppliers dominating the market
B.
Time is of the essence, and decisions need to be made quickly without additional stakeholder involvement
C.
The contract will be low value and there are many suppliers, so a simpler approach is required
D.
The nature of the goods or services being purchased is complex and high value

Quiz

6/10
A buyer has been tasked with placing an order for steel from another country and using Incoterms for
the delivery. The buyer's organisation has an in-house transportation and export clearance
department. During negotiations, the buyer achieved a 25% cost reduction by accepting
responsibility to arrange loading, transportation, and export clearance. Which Incoterm has been
agreed?
Select the answer
1 correct answer
A.
CIP - Carriage and Insurance Paid
B.
FOB - Free on Board
C.
FCA - Free Carrier
D.
EXW - Ex Works

Quiz

7/10
When assessing social responsibility elements of a supplier's proposal, what type of supporting
evidence could a supplier provide?
Select the answer
1 correct answer
A.
Evidence of compliance with fair trade standards
B.
Results of a customer service survey on delivery performance
C.
Quality control reports documenting quality checks in the manufacturing process
D.
Financial statements detailing profit and loss accounts

Quiz

8/10
In which instance would multiple sourcing be the most applicable approach?
Select the answer
1 correct answer
A.
Sourcing for the provision of a service, where close relationship management is required
B.
Sourcing a specialised, unique component where the supplier's knowledge is key
C.
Sourcing for high-cost, strategically important components
D.
Sourcing for components required at short notice

Quiz

9/10
What course of action should be taken when an audit of a supplier identifies evidence of human
rights malpractice?
Select the answer
1 correct answer
A.
Immediately raise the issue with the supplier and jointly develop a timely action plan to be implemented before a repeat audit
B.
Immediately halt all orders with the supplier, make a record of the violation in the supplier database, and switch to an alternative source of supply
C.
Remove all business and inform press organisations, who will in turn bring the issue to the attention of formal governmental organisations who can take action
D.
Allow the supplier to complete current orders placed, while pursuing an alternative source to change to as soon as approved

Quiz

10/10
Faisal is a medical equipment maintenance services procurement specialist within a local hospital.
Faisal is responsible for ensuring contracts are in place that will ensure operational continuity of
high-value pieces such as radiology equipment. When carrying out tender opportunities for these
services, Faisal will specify, as an essential requirement, that certain standards are adhered to. Which
of the following is a benefit of incorporating standards as a requirement within a specification?
Select the answer
1 correct answer
A.
Standards provide clear guidelines and remove the risk of ambiguity
B.
Standards will mirror the buyer's requirements in its entirety
C.
Standards will ensure suppliers meet all the buyer's requirements
D.
Standards will ensure low pricing is submitted in the tender response
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Info quiz:

  • Quiz name:L4M4: CIPS Ethical and Responsible Sourcing
  • Total number of questions:302
  • Number of questions for the test:50
  • Pass score:80%

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