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| Certification Vendor: | CIPS |
|---|---|
| Exam Name: | Ethical and Responsible Sourcing |
| Exam Number: | L4M4 |
| Exam Price: | $185.69 |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | N/A |
| Real Exam Qty: | 60 |
| Exam Format: | Multiple Choice Questions (MCQ), Multiple Selection Questions |
| Available Languages: | English |
| Related Certifications: | CIPS Level 4 Diploma in Procurement and Supply |
| Passing Score: | 70% |
| 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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NEW QUESTION # 286
Which of the following is not a indices that measures economic data?
Answer: A
Explanation:
ISO isn't an indices- it stands for 'International Labour Association'.
The others are all indices that measure economic data; consumer price index, producer price index and gross domestic product.
NEW QUESTION # 287
The bill of lading is one of the main documents in sea freight. Which of the following statements represent its uses? (Select TWO)
Answer: B,D
Explanation:
A bill of lading serves as:
* Evidence of the contract of carriage between shipper and carrier.
Reference: CIPS L4M4 Study Guide (v2), LO: "Application" - international trade documentation, bills of lading.
NEW QUESTION # 288
A buyer evaluates a supplier's ethical and social practices during the pre-qualification stage of the supplier onboarding process. Which of the following variables would trigger further follow-up activities?
Answer: B
Explanation:
Prohibiting trade union membership is a violation of workers' rights and international labor standards. Such a practice indicates potential non-compliance with ethical sourcing principles and necessitates further investigation. Ensuring that suppliers respect workers' rights to association is fundamental to ethical procurement.
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 # 289
Daniel is evaluating bids from new suppliers who are looking to supply his company XYZ Indus-tries with components for manufacturing. Although price is important, Daniel wishes to consider 'added value'. Which of the following is considered an 'added-value solution'? Select THREE
Answer: A,B,C
Explanation:
The correct answers are innovation, on time in full deliveries and sustainability.
The other options are pricing mechanisms rather than 'added value'. Added Value is giving the buyer something extra that's not necessarily financial. It can be as simple as delivering orders quicker than expected, or having a dedicated customer service phone line. Something that makes their lives a little easier.
NEW QUESTION # 290
A procurement manager has a new contract to award. There are twelve suppliers in the market. Which of the following is a benefit of using a full competitive tendering process?
Answer: A
Explanation:
A full competitive tender ensures fairness, transparency, and equal treatment of all suppliers. Each bidder has an equal opportunity to compete, and award decisions are based on pre-published criteria. This builds trust, prevents corruption, and strengthens market confidence. It is not quick or informal (A), nor does it disclose competitor bids (B). Decision-making is collective and accountable, not unilateral (D). Responsible sourcing stresses fairness and transparency in supplier engagement, ensuring a level playing field and compliance with ethical procurement standards.
Reference: CIPS L4M4 Study Guide (v2), LO: "Implementation" - tendering principles and fairness.
NEW QUESTION # 291
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