Get Valid CIPS L4M4 Exam Dumps for Quick Success
Exam : L4M4
Title : Ethical and Responsible
Sourcing
https://www.passcert.com/L4M4.html
1/6
, Get Valid CIPS L4M4 Exam Dumps for Quick Success
1.What is the best way to demonstrate that your organisation does not tolerate bribery and corruption?
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
Answer: C
Explanation:
Implementing full anti-bribery training, policies, and procedures demonstrates a proactive stance against
bribery and corruption. Ethical sourcing principles encourage organisations to institutionalise
comprehensive anti-bribery measures to ensure transparency, fairness, and compliance within the supply
chain, reducing the risk of corrupt practices.
2.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?
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
Answer: C
Explanation:
In a restricted tender process, only pre-qualified suppliers are invited to bid, ensuring that participating
suppliers have met necessary qualifications. This approach helps in managing high-value contracts by
focusing on capable suppliers. Ethical and responsible sourcing in the public sector demands supplier
pre-qualification to ensure compliance, transparency, and quality.
3.Many organisations prefer a multi-sourcing approach because of the advantages it provides.
Which of the following might be an advantage of multi-sourcing?
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
Answer: D
Explanation:
Multi-sourcing allows organisations to diversify their supply base, providing flexibility, and reducing risk by
having multiple suppliers. It is an effective strategy to prevent over-dependence on a single source and
allows for competition among suppliers, promoting quality and ethical standards in the supply chain.
4.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.
2/6
Exam : L4M4
Title : Ethical and Responsible
Sourcing
https://www.passcert.com/L4M4.html
1/6
, Get Valid CIPS L4M4 Exam Dumps for Quick Success
1.What is the best way to demonstrate that your organisation does not tolerate bribery and corruption?
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
Answer: C
Explanation:
Implementing full anti-bribery training, policies, and procedures demonstrates a proactive stance against
bribery and corruption. Ethical sourcing principles encourage organisations to institutionalise
comprehensive anti-bribery measures to ensure transparency, fairness, and compliance within the supply
chain, reducing the risk of corrupt practices.
2.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?
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
Answer: C
Explanation:
In a restricted tender process, only pre-qualified suppliers are invited to bid, ensuring that participating
suppliers have met necessary qualifications. This approach helps in managing high-value contracts by
focusing on capable suppliers. Ethical and responsible sourcing in the public sector demands supplier
pre-qualification to ensure compliance, transparency, and quality.
3.Many organisations prefer a multi-sourcing approach because of the advantages it provides.
Which of the following might be an advantage of multi-sourcing?
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
Answer: D
Explanation:
Multi-sourcing allows organisations to diversify their supply base, providing flexibility, and reducing risk by
having multiple suppliers. It is an effective strategy to prevent over-dependence on a single source and
allows for competition among suppliers, promoting quality and ethical standards in the supply chain.
4.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.
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