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CIPS L4M4 Exam Overview:

Certification Vendor:	CIPS
Exam Name:	Ethical and Responsible Sourcing
Exam Number:	L4M4
Exam Format:	Multiple Choice Questions (MCQ), Multiple Selection Questions
Certificate Validity Period:	N/A
Passing Score:	70%
Exam Duration:	90 minutes
Real Exam Qty:	60
Related Certifications:	CIPS Level 4 Diploma in Procurement and Supply
Available Languages:	English
Exam Price:	$185.69
Sample Questions:	CIPS L4M4 Sample Questions
Exam Way:	Computer-based exam at CIPS accredited exam centre
Pre Condition:	No mandatory pre-requisites, but candidates are typically working towards or enrolled in the CIPS Level 4 Diploma in Procurement and Supply.
Official Syllabus URL:	https://www.cips.org/students/level-4-diploma

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CIPS L4M4 시험요강:

주제	소개
주제 1	Understand the key processes that can be applied to the analysis of potential external suppliers:
주제 2	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.
주제 3	This section examines analyzing market data, obtaining quotations tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
주제 4	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.

최신 CIPS Level 4 Diploma in Procurement and Supply L4M4 무료샘플문제 (Q127-Q132):

질문 # 127
A procurement manager has decided to use a local newspaper to source quotes from external suppliers. Why is it important to advertise tenders? Select TWO that apply.

A. To gain insights from the market
B. To gain value for money
C. To avoid complex bids
D. To gain tactical sourcing
E. To gain green procurement

정답：A,B,C,D

설명：
Advertising tenders is crucial for achieving value for money by encouraging competitive bids, which can lead to better pricing and service offerings. It also provides insights into the market by revealing the capabilities and innovations of various suppliers, aiding in informed decision-making.
Exact Extract from Study Guide:
"Inviting suppliers to take part in a competitive tender may reduce the potential for the biased selection of a supplier. Time, money and resource could be saved..."

질문 # 128
Ramesh is a procurement manager who is looking at his supplier base. He is pursuing a sourcing strategy with the aim of enabling logistical cost reductions. He has made the decision to scale-down his supplier base and purchase from one supplier.
Which type of sourcing arrangement has Ramesh began?

A. single
B. multiple
C. dual
D. sole

정답：A

질문 # 129
Which of the following can be interpreted as a normal business practice by some cultures but a form of bribery by others?

A. phishing
B. facilitation payment
C. verbal contracts
D. golden handshake

정답：B

설명：
This is a facilitation payment. It's when a sum of money is given for 'helping to facilitate' a contract. E.g. a procurement manager may accept a facilitation payment from a supplier for selecting him to be a new supplier for a big contract.
In the UK this is definitely considered a bribe. It's also against the CIPS Code of Conflict

질문 # 130
What course of action should be taken when an audit of a supplier identifies evidence of human rights malpractice?

A. Immediately halt all orders and switch to an alternative source of supply
B. Remove all business and inform press organisations to escalate to government authorities
C. Immediately raise the issue with the supplier and jointly develop a timely action plan before a repeat audit
D. Allow the supplier to complete current orders while pursuing alternatives

정답：C

설명：
CIPS promotes a constructive and corrective approach when suppliers fall short of ethical standards, especially on critical issues like human rights. Immediately cutting ties can harm workers further and disrupt supply without addressing root causes. A responsible sourcing approach requires buyers to engage suppliers, escalate the concern, and establish a corrective action plan with monitoring to ensure compliance. Only if the supplier refuses to act or breaches persist should termination occur. This supports continuous improvement, supplier development, and ethical due diligence, reflecting global standards such as the UN Guiding Principles on Business and Human Rights.
Reference: CIPS L4M4 Study Guide (v2), LO: "Implementation" - audits, corrective action plans, ethical risk management.

질문 # 131
Which of the following incoterms relate specifically to transporting items over water?

A. delivered at place
B. delivered duty paid
C. ex works
D. cost and freight

정답：D

설명：
cost and freight is specific to transport over water. The others relate to all types of transportation.
Incoterms_2020_chart | Intersped
Some students report a lot of questions on Incoterms in the exam, some say they only had 1. It real-ly is luck of the draw.

질문 # 132
......

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