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CIPS L4M4 Exam Syllabus Topics:

Topic
Details

Topic 1

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 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 the key processes that can be applied to the analysis of potential external suppliers:

Topic 4

This section examines analyzing market data, obtaining quotations
tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.

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CIPS Ethical and Responsible Sourcing Sample Questions (Q192-Q197):

NEW QUESTION # 192
ABC Ltd works with supplier XYZ Ltd who uses a variety of subcontractors. ABC has recently learned of an ethical breach being committed by one of XYZ's subcontractors. What should ABC do?

A. Terminate the contract
B. Recommend remedial action
C. Seek compensation
D. Research alternative suppliers

Answer: B

Explanation:
ABC should do a 'root cause analysis' to find out where the issue has come about, and why. From there, once they know what the breach is and how serious it is, they can suggest corrective action.
They can't jump straight to terminating the contract or seeking damages as it's not the supplier itself but rather the subcontractor. Also that would be really hasty considering we don't know what the issue is and what the market conditions are like. That supplier may be the only one who can provide the product. We also don't know if the supplier knows about the issue themselves.

NEW QUESTION # 193
Which of the following are signs that modern-day slavery might be taking place within the supply chain?
Select THREE.

A. suspiciously low labour costs
B. workers that live on-site
C. poor quality products
D. suppliers who speak English as a second language
E. supplier based in a country with a low score on the Corruption Perception Index

Answer: A,B,C

Explanation:
The correct answers are; suspiciously low labour costs, workers living on site and poor quality products (as this signals that the workforce may be unskilled).
A low score on the CPI is a good thing (high scores are more likely to signify slavery concerns) and just because someone speaks English as a second language doesn't mean you automatically need to be suspicious.
That would be prejudice.

NEW QUESTION # 194
Which of the following can be interpreted as a normal business practice by some cultures but a form of bribery by others?

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

Answer: A

Explanation:
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

NEW QUESTION # 195
Which of the following areas of legislative and regulatory requirements prevent the deliberate limit-ing of supply and the formation of cartels?

A. ethical practice
B. data protection
C. marketplace competition
D. product safety standards

Answer: D

Explanation:
the correct answer is 'marketplace competition'.
Ethical practice is about prohibiting corrupt and unfair practice, rather than issues of supply and demand.
Although being in a cartel is 'unethical behavior' this option doesn't fully answer the question which talks about limiting supply- this is related to marketplace competition.

NEW QUESTION # 196
Single sourcing is only used by buyers where the total requirement is too small to justify splitting orders among more suppliers. Is this statement correct?

A. Yes, because single sourcing works well within a volatile supply environment
B. No, because single sourcing may also be used when a requirement demands expensive set-up costs
C. Yes, because many suppliers tend to increase stock variety and stock proliferation
D. No, because single sourcing should only be used where there is just one supplier in the market

Answer: B

Explanation:
Single sourcing can be appropriate when set-up costs are high, making it impractical to involve multiple suppliers. This aligns with responsible sourcing principles, particularly for high-value or specialised items, where relationship management and collaboration with one supplier can enhance quality and efficiency.

NEW QUESTION # 197
......

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