Free L4M8 Exam Questions - CIPS L4M8 Exam

CIPS L4M8 Exam

Procurement and Supply in Practice

Total Questions: 104

Last Updated : 26-04-2024

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CIPS L4M8 Questions

Q1.

What topics are covered within ethics?

AExplanation:
Topics that are covered within ethics are;
1. Environmental factors
2. The triple bottom line: profit, people and planet
3. Adopting sustainable practice.
4. considering the social impact of organization's behaviors

Q2.

What topics are covered within ethics?

Q3.

What is CSR policy?

AExplanation:
Corporate Social responsibility (CSR) policies state how organizations aim to contribute towards the community and how an organization portrays itself towards social impacts.

Q4.

What is CSR policy?

AExplanation:
Corporate Social responsibility (CSR) policies state how organizations aim to contribute towards the community and how an organization portrays itself towards social impacts.

Q5.

Why do some specifications need to adapt?

AExplanation:
Specification is a detailed description of what is required or needed. Due to certain reasons, needs sometimes increase in importance or lose their essence, therefore specifications need to adapt and develop to reflect the changing requirements of the consumer and also to comply with regulations and legislatures as this are amended.
Standard, regulations and legislation are continually evolving and new updated versions of existing guideline, as well as completely new initiatives one being released.

Solutions:

Question: 1 Answer: A

Question: 2 Answer: A

Question: 3 Answer: A

Question: 4 Answer: A

Question: 5 Answer: A

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