Cips edusum cips Level 4 Diploma In Procurement And Supply Changed L4m4 Questions by Chase q0 vce pdf

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Exam Name:	Ethical and Responsible Sourcing
Exam Code:	L4M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	180 Q&A's	Shared By:	chase

Question 28

Which of the following are remedial actions that may be undertaken by the purchasing organisation following a supplier audit? Select the TWO that apply.

Options:

Violating the terms of the supplier contract

Define specific corrective actions for the supplier

Daily brainstorming meetings with the supplier

Employing the supplier’s staff for job training

Running supplier development programmes

Discussion

Question 29

A public sector buyer has run a competitive tender, for which there were eight bidders. All bidders have met the public sector organisation's minimum standards. In addition, they must also meet several other requirements. The buyer will make the contract award decision based on which of the following?

Options:

Weighted criteria

The supplier location

Framework agreement terms

The bidder's price

Discussion

Question 30

A company's balance sheet will show you which of the following?

Options:

revenue, profit and expenses

equity, assets and liabilities

cash coming in and out of the business

profit, loss and assets

Discussion

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Question 31

Bribery is considered an unethical business practice. What constitutes a bribe?

Options:

anything that is of value to the recipient

something that has monetary value

something of significant monetary value

anything that can be traded illegally