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CIPS L4M4 Exam Overview:

Certification Vendor:	CIPS (Chartered Institute of Procurement & Supply)
Exam Name:	Ethical and Responsible Sourcing
Exam Number:	L4M4
Certificate Validity Period:	No fixed expiry (qualification remains valid once achieved)
Available Languages:	English
Exam Duration:	120 minutes
Passing Score:	50%
Exam Format:	Scenario-based questions, Computer-based exam, Multiple choice questions
Exam Price:	Varies by region and assessment center (typically ~£70–£120 per module)
Real Exam Qty:	Approximately 60 questions
Related Certifications:	CIPS Level 4 Diploma in Procurement and Supply
Recommended Training:	CIPS Study Hub CIPS Official Learning Resources
Exam Registration:	CIPS Official Qualifications Page CIPS Exams and Assessment Information
Sample Questions:	CIPS L4M4 Sample Questions
Exam Way:	Computer-based examination delivered via authorized test centers (e.g., Pearson VUE) and/or remote proctored options depending on region.
Pre Condition:	No formal prerequisites, but typically taken as part of CIPS Level 4 Diploma progression. Level 3 Diploma knowledge is recommended.
Official Syllabus URL:	https://www.cips.org

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CIPS L4M4 Exam Syllabus Topics:

Topic	Details
Topic 1	This section examines analyzing market data, obtaining quotations tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
Topic 2	Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.
Topic 3	Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.
Topic 4	Understand the key processes that can be applied to the analysis of potential external suppliers:

CIPS Ethical and Responsible Sourcing Sample Questions (Q19-Q24):

NEW QUESTION # 19
A buyer for a large manufacturing organisation is assessing a sole supplier tender opportunity. The buyer is finding it challenging to differentiate the proposals on unit purchase price. Are there any added values that the procurement manager can use to leverage the sole supplier proposal?

A. Yes, the buyer can negotiate on aspects such as after-sales service
B. No, because a buyer has no leverage over a sole supplier
C. Yes, but only if the buyer decides to re-start the tender opportunity
D. No, the buyer must make the decision based on the existing information

Answer: A

Explanation:
In cases where price differentiation is minimal, negotiating on added-value services like after-sales support can offer additional benefits. This aligns with responsible sourcing by focusing on long-term value and fostering a cooperative relationship with the supplier.

NEW QUESTION # 20
A procurement manager suggests implementing an ISO environmental standard to improve procurement practices. Some colleagues worry about complexity and resistance. Should the company proceed?

A. No, ISO standards are too complex for staff and suppliers
B. Yes, as it would align with and help to achieve sustainability goals
C. No, because ISO standards are only relevant to large organisations
D. Yes, implementation would guarantee compliance with environmental laws

Answer: B

Explanation:
ISO environmental standards (e.g., ISO 14001) provide a structured framework for managing environmental responsibilities. They support sustainability goals by embedding continual improvement, legal compliance, and stakeholder trust. They are relevant to organisations of all sizes and sectors, not just large firms. While they do not automatically guarantee compliance, they enhance systematic control, training, and supplier engagement. Resistance and complexity can be overcome with phased implementation and awareness- building. CIPS emphasises that adoption of recognised standards demonstrates responsible sourcing, aligns with CSR strategies, and reassures stakeholders about commitment to sustainability.
Reference: CIPS L4M4 Study Guide (v2), LO: "Concepts" - standards, sustainability frameworks, ISO principles.

NEW QUESTION # 21
A buyer is carrying out an assessment to identify the risk of unethical suppliers being selected for a new contract. Which of the following should the assessment include in order to protect the organisation against ethical reputational risks?

A. Whether the suppliers have received negative press around their fair treatment of subcontracted staff
B. Performance records (late deliveries/poor quality) of agreed contract deliverables
C. The likelihood of suppliers becoming insolvent in the future due to unforeseen circumstances
D. The average staff retention levels experienced by the suppliers

Answer: A

Explanation:
Assessing the ethical reputation of suppliers is crucial to mitigate risks associated with unethical practices.
Negative media coverage regarding the fair treatment of subcontracted staff is a significant indicator of potential ethical issues within a supplier's operations. Such information can highlight concerns related to labor rights violations, discrimination, or unsafe working conditions, which can adversely affect the buying organization's reputation if not addressed.
Reference:
CIPS Level 4 Diploma in Procurement and Supply, L4M4 Study Guide, Section 3.3.1: Application of the CIPS Code of Conduct

NEW QUESTION # 22
A buyer of bakery products sees wheat shortages due to poor harvests but demand remains high. How does this affect negotiation?

A. Bakery produce will be lower priced as less wheat is available
B. Prices will not be affected by shortages as demand is high
C. Buyer is in a strong position to reduce prices
D. Buyer will find it difficult to negotiate lower prices

Answer: D

Explanation:
In commodity markets, shortages combined with sustained demand drive price increases. The buyer loses bargaining power, as suppliers can charge higher rates. Negotiating downward is unrealistic; instead, buyers should manage risk through hedging, forward contracts, or alternative sourcing. CIPS notes that responsible sourcing requires understanding market dynamics and their ethical implications (e.g., food security, affordability). The organisation must manage stakeholder expectations about pricing rather than assume negotiation leverage. This reflects the implications of market volatility in global supply chains.
Reference: CIPS L4M4 Study Guide (v2), LO: "Implications" - commodity market dynamics, supply
/demand, and negotiation position.

NEW QUESTION # 23
Kiran is appraising some potential suppliers and has noticed that one of these suppliers has an extremely high gearing ratio. What would this suggest?

A. the supplier has a lot of long-term debt
B. the supplier has a high cost of sales
C. the supplier has a strong return on investment
D. the supplier is extremely profitable

Answer: A

Explanation:
The correct answer is 'the supplier has a lot of long-term debt'. Gearing is a measure of how the business is being funded and looks at the ratio of debt to equity. For example if they have taken out lots of loans and mortgages, this would equate to a lot of debt which means a poor gearing ratio.
Gearing is a hot topic for the exam.

NEW QUESTION # 24
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