100% PASS 2025 CIPS L4M4: LATEST TEST ETHICAL AND RESPONSIBLE SOURCING FREE

100% Pass 2025 CIPS L4M4: Latest Test Ethical and Responsible Sourcing Free

100% Pass 2025 CIPS L4M4: Latest Test Ethical and Responsible Sourcing Free

Blog Article

Tags: Test L4M4 Free, L4M4 Training Solutions, L4M4 Exam Bible, L4M4 Reliable Dumps Ebook, L4M4 Reliable Dump

By resorting to our L4M4 practice materials, we can absolutely reap more than you have imagined before. We have clear data collected from customers who chose our L4M4 actual tests, the passing rate is 98-100 percent. So your chance of getting success will be increased greatly by our L4M4 braindump materials. Moreover, there are a series of benefits for you. So the importance of L4M4 actual test is needless to say. If you place your order right now, we will send you the free renewals lasting for one year.

Do you want to pass your exam with the least time? Our L4M4 learning materials are high-quality, and you just need to spend 48 to 72 hours on learning, you can pass the exam successfully. What’s more, free demo for L4M4 exam dumps is available, and you can have a try before buying, so that you can have a deeper understanding of what you are going to buy. If you fail to pass the exam by using L4M4 Exam Braindumps, we will give you full refund, and no other questions will be asked. We have online and offline chat service, and if you any questions for L4M4 training materials, you can have a conversation with us.

>> Test L4M4 Free <<

Quiz 2025 CIPS Authoritative Test L4M4 Free

The Ethical and Responsible Sourcing (L4M4) web-based practice test works on all major browsers such as Safari, Chrome, MS Edge, Opera, IE, and Firefox. Users do not have to install any excessive software because this L4M4 practice test is web-based. It can be accessed through any operating system like Windows, Linux, iOS, Android, or Mac. Another format of the practice test is the desktop software. It works offline only on Windows. Our Ethical and Responsible Sourcing (L4M4) desktop-based practice exam software comes with all specifications of the web-based version.

CIPS L4M4 Exam Syllabus Topics:

TopicDetails
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
  • This section examines analyzing market data, obtaining quotations
  • tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
Topic 3
  • 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 4
  • Understand the key processes that can be applied to the analysis of potential external suppliers:

CIPS Ethical and Responsible Sourcing Sample Questions (Q191-Q196):

NEW QUESTION # 191
In which circumstances would a procurement manager effectively use competitive tendering for the award of contracts?

  • A. When the specification is likely to be continuously reviewed as the contract progresses
  • B. When the requirement is needed urgently and price is not the most important factor
  • C. When the value of the procurement is high and special tooling is a major factor
  • D. When the suppliers have technical expertise, and the value of the procurement is relatively high

Answer: D

Explanation:
Competitive tendering is ideal for high-value contracts where technical expertise is essential. This method supports responsible sourcing by ensuring quality and aligning the supplier's capabilities with the buyer's needs, as required in more complex procurement scenarios.


NEW QUESTION # 192
'Phishing' is an activity that can occur when an employee within an organisation receives an email that appears to be from a genuine supplier but is false. These types of emails expose the organisation to the activities of expert cyber criminals. Which type of crime category does this activity fall within?

  • A. Fraud
  • B. Bribery
  • C. Human rights
  • D. Corruption

Answer: A

Explanation:
Phishing is categorized as fraud because it involves deceptive practices to gain sensitive information or financial benefits. Responsible sourcing includes ensuring that cybersecurity measures are in place to prevent fraud and protect sensitive information within supply chains.


NEW QUESTION # 193
In a negotiation, a supplier does not want to upset or offend the buyer, so concedes their own requirement in order to ensure harmony. Which negotiation tactic is the supplier using?

  • A. collaborative
  • B. competitive
  • C. compromising
  • D. accommodating

Answer: D

Explanation:
This is accommodating: the supplier puts the buyer's interest above his own.
This is from the Thomas Killman model of conflict resolution. There are 5 strategies; competitive, collaborative, avoiding, accommodating and compromising. In the study guide it doesn't mention the name of the model but you do need to know the 5 strategies. The model comes up a lot in other modules so is a good one to learn. Particularly L5M1 which is about management theory.


NEW QUESTION # 194
Jamilla is looking to find a new supplier who can deliver raw materials of wood and paper to her company Woody Manufacturing Incorporated. The requirement is for regular orders of high volume. She has issued a Request for Quotation. What will this assess the suppliers on?

  • A. the five rights of procurement
  • B. who can deliver the highest quality items
  • C. which price is the most ethical
  • D. who can deliver the items the cheapest

Answer: A

Explanation:
According to p.75 "a RFQ attempts to assess which supplier can achieve the Five Rights of Procurement".
Although price is the only factor considered when using a RFQ- it's important to consider this price in detail; can the supplier deliver the right QUALITY of product for this price?, can they deliver the item WHEN we need it for this price? etc.
The answer is not 'who will deliver it the cheapest' because Jamilla might not pick the cheapest sup-plier. If the cheapest supplier has inferior quality paper, or can only make deliveries every other Tuesday then Jamilla may not select them.


NEW QUESTION # 195
Greg is doing some research on a potential supplier and is concerned that the supplier's funding is based on long-term debts and loans. Working with this supplier therefore might bring additional risks to Greg's business. What should Greg do about his concerns?

  • A. use the Return on Investment Ratio
  • B. work out the supplier's gearing ratio
  • C. do an Acid Test
  • D. work out the supplier's EBITDA

Answer: B

Explanation:
Greg needs to use a gearing ratio. Gearing is a measure of how the business is being funded and is based on the ratio of debt to equity Gearing comes up a lot in the exam. Also make sure you know what Return on Investment, Acid Test and EBITDA are.
Return on Investment (ROI): How to Calculate It and What It Means (investopedia.com) EBITDA: Definition, Calculation Formulas, History, and Criticisms (investopedia.com) Acid-Test Ratio: Definition, Formula, and Example (investopedia.com)


NEW QUESTION # 196
......

Our CIPS L4M4 practice exam simulator mirrors the L4M4 exam experience, so you know what to anticipate on L4M4 certification exam day. Our Ethical and Responsible Sourcing (L4M4) practice test software features various question styles and levels, so you can customize your CIPS L4M4 exam questions preparation to meet your needs.

L4M4 Training Solutions: https://www.exam4docs.com/L4M4-study-questions.html

Report this page