P.S. Free & New L4M4 dumps are available on Google Drive shared by Exams-boost: https://drive.google.com/open?id=1PHj1xb5neu_uokACnUhvzieaNFWJgFnQ
There are some prominent features that are making the CIPS L4M4 exam dumps the first choice of L4M4 certification exam candidates. The prominent features are real and verified L4M4 exam questions, availability of CIPS L4M4 exam dumps in three different formats, affordable price, 1 year free updated L4M4 Exam Questions download facility, and 100 percent CIPS L4M4 exam passing money back guarantee. We are quite confident that all these L4M4 exam dumps feature you will not find anywhere.
| Certification Vendor: | CIPS |
|---|---|
| Exam Name: | Ethical and Responsible Sourcing |
| Exam Number: | L4M4 |
| Exam Format: | Multiple Choice Questions (MCQ), Multiple Selection Questions |
| Real Exam Qty: | 60 |
| Passing Score: | 70% |
| Available Languages: | English |
| Exam Duration: | 90 minutes |
| Related Certifications: | CIPS Level 4 Diploma in Procurement and Supply |
| Exam Price: | $185.69 |
| Certificate Validity Period: | N/A |
| 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 |
If you are interested in Exams-boost's training program about CIPS certification L4M4 exam, you can first on WWW.Exams-boost.COM to free download part of the exercises and answers about CIPS Certification L4M4 Exam as a free try. We will provide one year free update service for those customers who choose Exams-boost's products.
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
NEW QUESTION # 55
Which of the following might encourage an organisation to outsource their IT function?
Answer: A
Explanation:
Organisations may choose to outsource IT when they have limited financial investment capability and internal resources. Outsourcing allows access to specialist expertise, up-to-date technology, and scalable services without the need for large capital expenditure. Limited manufacturing capacity is irrelevant to IT, increased costs would discourage outsourcing, and internal conflict is not a valid sourcing rationale. Ethical and responsible sourcing requires outsourcing decisions to be based on clear business needs, value creation, and risk management, ensuring continuity of service and effective use of organisational resources.
Reference: CIPS L4M4 Ethical & Responsible Sourcing Study Guide (v2) - outsourcing decisions; make-or- buy considerations.
NEW QUESTION # 56
Which of the following is not a type of fraud that procurement professionals should be vigilant for?
Answer: A
Explanation:
Coercion is not a type of fraud. The other three are.
NEW QUESTION # 57
When might a company send a Request for Information (RFI) to a supplier instead of a Request for Quotation (RFQ)? Select TWO that apply:
Answer: B,C,D,E
Explanation:
A Request for Information (RFI) is utilized during the early stages of the procurement process to gather general information about potential suppliers' capabilities, products, or services. It helps in understanding the market and narrowing down supplier options before moving to more detailed requests like RFQs or RFPs.
* Option B:Obtaining indicative prices helps in budgeting and understanding market rates.
* Option C:Gathering details about products or services allows the buyer to assess the supplier's offerings and suitability.
Options A, D, and E are more appropriate for later stages in the procurement process, such as during RFQs or contract negotiations.
Reference:
CIPS Level 4 Diploma in Procurement and Supply, L4M4 Study Guide, Section 2.1: Sourcing and Contracting Process
NEW QUESTION # 58
A buyer has been tasked with placing an order for steel from another country and using Incoterms for the delivery. The buyer's organisation has an in-house transportation and export clearance department. During negotiations, the buyer achieved a 25% cost reduction by accepting responsibility to arrange loading, transportation, and export clearance. Which Incoterm has been agreed?
Answer: A
Explanation:
Under the EXW (Ex Works) Incoterm, the buyer assumes responsibility for transportation and export clearance from the seller's premises. This term aligns with cost-saving measures and the buyer's internal capabilities for logistics, supporting efficient and responsible sourcing.
NEW QUESTION # 59
A procurement manager for a major retail group is using ratio analysis to assess the financial viability of suppliers who have tendered for a logistics services tender. The recommended supplier has a current ratio of
0.6. What are the potential consequences of awarding the contract to this supplier, given their current ratio is below 1?
Answer: C
Explanation:
A current ratio below 1 suggests that the supplier may not have sufficient current assets to cover short-term liabilities, which could pose a risk to the buyer. Assessing financial stability aligns with responsible sourcing practices, as it ensures suppliers can fulfill contracts without disruption.
NEW QUESTION # 60
......
New L4M4 Test Discount: https://www.exams-boost.com/L4M4-valid-materials.html
P.S. Free & New L4M4 dumps are available on Google Drive shared by Exams-boost: https://drive.google.com/open?id=1PHj1xb5neu_uokACnUhvzieaNFWJgFnQ