Free L4M8 Questions for CIPS L4M8 Exam as PDF & Practice Test Software

Name: CIPS L4M8 Exam
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Total 104 questions

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Question 1

Why is it important to keep ethical codes of practice up to date?

AExplanation:
A code of ethics is a set of morals and principle set out by an organization to state what it deems to be acceptable conduct and behavior
An ethical code of practice is a continually changing and developing document with society changing and different suppliers coming to market, the document has to remain current
Suppliers should continually monitor their codes of ethics to ensure that;
1. They are looking after the interest of the supply chain
2. That potential customers can be reassured that they are conforming to the required regulation, e.g. ISO 14001.
Ethical code of conduct should be constantly monitored and updated in accordance with the changes organization faces. This include 1) Define (2) prevent (3) detect (4) reprove (5) evaluate.

Answer : A

Question 2

Explain why it is deemed better to use Sea freight rather than air

AExplanation:
It would be rare to find a supplier who does not emit any form of pollution. However, part of ethical and responsible sourcing is to make effort to reduce impact of population on the planets. Pollution can be factory emission, Noise, smell, Transportation Development, waste disposal. Transportation is a major cause of pollution. The carbon dioxide emitted from vehicles contributes greatly to air contamination. Yet it is better to use sea freight rather than air because it has a smaller impact on the environment.

Answer : A

Question 3

Research the ethical standard or accreditation of an industry with which you are familiar.

AExplanation:
If a supplier is accredited or is a member of an association that promotes good ethical conduct, a statement to this effect is likely to be featured on its company documentation. This could be in a form of letters after the organization name or the authorized use of logo.
Accreditation information should be verified by procurement professionals either asking organiza-tion for certification to prove membership or accreditation or checking on a professional register.
Below are associated bodies that form some industries.
1. ISO 14001 -- for quality management
2. CIPS -- for procurement and Supply
3. Red Tractor -- NGO Registered in the UK, promoting human right
4. Amnesty International -- human right
5. Carbon Trust -- For Carbon neutral status.
*
Refer to the question column for response

Answer : A

Question 4

What are the ILO and ETI?

AExplanation:
ILO stands for International Labour Organization- It is a United Nations agency whose mandate is to advance justice and promote decent work by setting international labor standard.
ETI is Ethical Trading Initiative: It is a leading alliance of companies, trade unions and NGOs that promote respect for workers right around the globe. Its vision is a world where all workers are free from exploitation and discrimination and enjoys condition of freedom, security and equity.

Answer : A

Question 5

What are the ILO and ETI?

Answer : A