CIPS L4M1 LO3 Exam Questions
and Answers 100% Correct
Corporate Governance - ANSWER-Mechanisms, procedures and processes
that are used to control and direct an organisation.
Continuing professional development (CPD) - ANSWER-Undertaking training
or attending courses to develop knowledge
Procurement policies and strategies - ANSWER-Principles adopted by the
organisation.
High level planning, including setting direction and long-term goals.
Procedure - ANSWER-A method by which a task should be undertaken
Policies - ANSWER-Principles adopted by the organisation
, Ethics - ANSWER-Principles that govern a person's or an organisations
behaviour
Values - ANSWER-Importance or worth that an attribute has for an individual
or stakeholder group.
Value advantage
authority - ANSWER-the power or right to give orders, make decisions, and
enforce obedience.
Competition regulation - intellectual property - ANSWER-Protection of assets
created through human intellect, such as inventions, literary and artistic
works, designs, symbols, music, computer software and images. These
assets may be protected by trademarks, copyright, design rights and patents
Conflict of interest (COI) - ANSWER-Where an individual is unable to remain
impartial due to a personal, professional or public interest
The 4D model - ANSWER-1. Disclose
2. Distance
and Answers 100% Correct
Corporate Governance - ANSWER-Mechanisms, procedures and processes
that are used to control and direct an organisation.
Continuing professional development (CPD) - ANSWER-Undertaking training
or attending courses to develop knowledge
Procurement policies and strategies - ANSWER-Principles adopted by the
organisation.
High level planning, including setting direction and long-term goals.
Procedure - ANSWER-A method by which a task should be undertaken
Policies - ANSWER-Principles adopted by the organisation
, Ethics - ANSWER-Principles that govern a person's or an organisations
behaviour
Values - ANSWER-Importance or worth that an attribute has for an individual
or stakeholder group.
Value advantage
authority - ANSWER-the power or right to give orders, make decisions, and
enforce obedience.
Competition regulation - intellectual property - ANSWER-Protection of assets
created through human intellect, such as inventions, literary and artistic
works, designs, symbols, music, computer software and images. These
assets may be protected by trademarks, copyright, design rights and patents
Conflict of interest (COI) - ANSWER-Where an individual is unable to remain
impartial due to a personal, professional or public interest
The 4D model - ANSWER-1. Disclose
2. Distance
