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Guide for L5M5: CIPS Managing Ethical Procurement and Supply

Quiz L5M5: CIPS Managing Ethical Procurement and Supply

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/ 10

Quiz

1/10
Which of the following form the 'Triple Bottom Line'? Select THREE
Select the answer
3 correct answers
A.
People
B.
Planet
C.
Product
D.
Profit
E.
Placement

Quiz

2/10
Creating value responsibly for shareholders would sit under which aspect of the sustainability triple
bottom line?
Select the answer
1 correct answer
A.
Legal
B.
Social
C.
Environmental
D.
Economic

Quiz

3/10
Which of the following is not considered to be an alternative form of dispute resolution?
Select the answer
1 correct answer
A.
Mediation
B.
Adjudication
C.
Conciliation
D.
Litigation

Quiz

4/10
ABC Construction is in a contract with DEF Developers to deliver 40 houses. The contract includes a
"Payment is of the Essence" clause. DEF fails to pay for completed work. ABC stops work. Are they
allowed to do this?
Select the answer
1 correct answer
A.
No – the contract has not been completed, so ABC must continue working
B.
No – as long as payment is made eventually, ABC must keep working
C.
Yes – ABC have the right to stop work as non-payment is a breach of contract
D.
Yes – it is a legal requirement to pay construction firms regularly

Quiz

5/10
Ruby is a Contracts Manager at ACE Ltd and manages a contract with Spades Ltd which provides raw
materials. She has found a serious issue in Spade's conduct. Which TWO documents should Ruby
complete?
Select the answer
1 correct answer
A.
KPIs and Root Cause Analysis
B.
Root Cause Analysis and Corrective Action Plan
C.
Corrective Action Plan and SWOT Analysis
D.
SWOT Analysis and KPIs

Quiz

6/10
Which of the following statements is TRUE about the adjudication form of dispute resolution? Select
TWO
Select the answer
2 correct answers
A.
It is an informal process
B.
It is quicker than going through the courts
C.
A decision must be made within 28 days
D.
The decision cannot be legally binding

Quiz

7/10
During the transition period at the end of a contract, which of the following is usually the most
difficult or complicated to organise?
Select the answer
1 correct answer
A.
Returning of physical assets
B.
Drawing up an exit strategy
C.
Document transfer
D.
Knowledge transfer and IP rights

Quiz

8/10
Freedom of association is a protected right under the ILO convention. What does this allow workers
to do?
Select the answer
1 correct answer
A.
Have a second job
B.
Have work-life balance
C.
Join a union
D.
Avoid slavery

Quiz

9/10
Charlie is 13 years old and sometimes helps his parents in their corner shop on weekends, while
attending school during the week. Is this an example of child labour?
Select the answer
1 correct answer
A.
Yes – any work by under 16s is child labour
B.
Yes – Charlie should report his parents to the police
C.
No – Charlie is old enough not to be a child
D.
No – helping in a family business does not count as child labour

Quiz

10/10
Which of the following statements about the ILO (International Labour Organisation) is incorrect?
Select the answer
1 correct answer
A.
It is a body of the WTO
B.
The ILO has a representation and complaints process
C.
The ILO sets standards on health and safety in the workplace and maternity protection
D.
A principle of the ILO is to eliminate child labour
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Info quiz:

  • Quiz name:L5M5: CIPS Managing Ethical Procurement and Supply
  • Total number of questions:89
  • Number of questions for the test:50
  • Pass score:80%

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