L5M5 Managing Ethical Procurement and Supply Dumps

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Full version: L5M5 Exam Dumps Questions
1.A procurement team have run a tender to buy new office furniture. They have signified that cost is
the most important factor of the purchase.
What is the main risk of this?
A. not receiving any bids
B. receiving too many bids
C. suppliers may sacrifice sustainability agenda
D. rushed tender process
Answer: C
Explanation:
The risk of focusing too much on cost is that the sustainability agenda may be sacrificed. If you're
buying cheap furniture the wood is probably from unsustainable sources, rather than sustainable
sources. Chapter 3.4 of the book is all about managing the conflict between ethical procurement and
other factors (cost/ speed etc). It's very much common sense- if you focus on speed, cost etc you risk
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not being sustainable or environmentally friendly.
2.Which of the following will you put into box 8?
A. logistics issues
B. risks to Intellectual Property
C. lower infrastructure costs
D. affordable labour
Answer: A
Explanation:
The correct answers are as follows:
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3.Which of the following will you put into box 2?
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A. increase business profits
B. increase market share
C. desire to improve CSR
D. desire to innovate
Answer: B
Explanation:
The correct answers are as follows:
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4.Which of the following will you put into box 2?
A. Demographics Driver
B. Economic Driver
C. Environmental Driver
D. Technology Driver
Answer: A
Explanation:
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The correct answers are as follows:
5.Ruben is a new Procurement Manager at XYZ Company. He has been charged with buying a new
piece of machinery for a factory. Having looked at several options, and considered sustainability, he
has opted to buy the more expensive piece of machinery.
In terms of sustainability, why might he have made this choice?
A. The higher priced item will be of better quality
B. The higher priced item is from a more reputable company
C. In terms of life-cycle costing the more expensive item may be cheaper in the long term
D. The more expensive piece of equipment will be more environmentally friendly
Answer: C
Explanation:
3 is the correct answer. This question is testing if you know about Whole Life Cycle Costing. You'll
have come across this already at level 4 (module 7). It's a big part of sustainability. See p.14 for a
quick recap on this. In terms of this question, even if you don't remember life-cycle costing, options 1
2 and 4 can't be right- we don't have information in the question that tells us that the higher priced
item is better quality, from a reputable company or environmentally friendly- we just don't know based
on the information we've been given so these answers can't be right.
6.Which of the following statements about the ILO (International Labour Organisation) is incorrect?
A. it is body of the WTO
B. the ILO has a representation and complaints process
C. the ILO sets standards on health and safety in the workplace and maternity protection
D. a principle of the ILO is to eliminate child labour
Answer: A
Explanation:
1 is incorrect- it's a body of the UN. All other statements are correct- these are from p.183-185.
There's a lot in the study guide on the ILO.
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7.Which of the following will you put into box 5?
A. Ethical Issues
B. Cultural Issues
C. Performance Issues
D. Health and Safety Issues
Answer: A
Explanation:
The correct answers are as follows:
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8.Seinfeld County Council has just entered into a contractual relationship with a contractor who will
provide horticultural services to local parks. Within the contract was a Community Benefit Clause.
What is another term for this?
A. reward for performance
B. payment terms
C. KPIs
D. social value
Answer: D
Explanation:
This is social value- a clause in a contract which is used to build economic, social or environmental
conditions into the delivery of public contracts. For example this could mandate that equipment and
chemicals used are eco-friendly or that those working on the contract are from the local area. P.126
9.What forms of organisation form the Ethical Trading Initiative? Select THREE
A. private businesses
B. public sector businesses
C. governments
D. NGOs
E. Trade Unions
Answer: A,D,E
Explanation:
Private Businesses, NGOs and Trade Unions form the ETI. P.190
10.Which of the following ISO standards relates to Environmental Management Systems?
A. 9001
B. 14001
C. 28000
D. 31000
Answer: B
Explanation:
14001 is the ISO for Environmental Management Systems. This is from p.206 of the study guide
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11.Which of the following will you put into box 8?
A. Ethical Issues
B. Cultural Issues
C. Performance Issues
D. Health and Safety Issues
Answer: C
Explanation:
The correct answers are as follows:
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12.Which of the following is the correct order of the Deming cycle?
A. plan, do, act, check
B. check, plan, do, act
C. plan, do, check act
D. act, plan, check, do
Answer: C
Explanation:
plan, do, check, act is the correct order. It's used in the ISO14001 standard. P.207
13.Which of the following tools allows you to asses internal factors or drivers?
A. SWOT
B. STEEPLED
C. GDP
D. ABC Analysis
Answer: A
Explanation:
SWOT assesses internal factors. STEEPLED assesses external factors. GDP= Gross Domestic
Product and ABC Analysis is a supplier analysis tool.
14.SA8000 measures an organisation's social accountability.
Which of the following is a disadvantage to this?
A. it is industry specific
B. it is not recognised in some countries
C. it requires a management system which can be costly to implement
D. it is only applicable to larger organisations
Answer: C
Explanation:
3 is the correct response. It requires a management system to be in place- this is because the system
produces ongoing reports. SA8000 is not industry specific and is a global standard. P.195
15.What are the two ways that an item can come to be labelled as 'Fair Trade' by the WFTO? Select
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TWO
A. product certification route
B. manufacturer route
C. integrated supply chain route
D. audit route
Answer: A,C
Explanation:
Items can be certified as Fair Trade either by Product Certification (i.e. this specific item has to be
Fair Trade but other items in the supply chain may not be) or Integrated Supply Chain Route (where
the entire supply chain is committed to Fair Trade). This is from p.223 of the study guide
16.In what way do Fair Trade Organisations protect producers of raw materials from poor economic
conditions?
A. a standard for working conditions is set
B. final products are marketed as fair trade
C. money is provided to communal funds to help invest in the local area
D. a minimum price is set for the purchase of items
Answer: D
Explanation:
4 is correct. The key to this question is the word economic. You're looking for an answer to do with
the economy.By setting a minimum price a buyer must purchase raw materials at, this protects
producers from economic fluctuations such as commodity price fluctuations, changes in import tariffs
and currency exchange rates. see p.224
17.During the transition period at the end of a contract, which of the following is usually the most
difficult or complicated to organise?
A. returning of physical assets
B. drawing up an exit strategy
C. document transfer
D. knowledge transfer and IP rights
Answer: D
Explanation:
Knowledge transfer and IP rights (Intellectual Property) is often the most difficult aspect of ending a
contractual relationship. It's necessary to identify which party is the owner of each, and this can often
be difficult to agree on. P.172
18.Which of the following will you put into box 4?
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A. equality
B. fraud
C. corruption
D. modern slavery
Answer: A
Explanation:
The correct answers are as follows:
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