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[Hardware] Why Do You Need to Trust on {CIPS} CIPS L4M4 Exam Questions?

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【Hardware】 Why Do You Need to Trust on {CIPS} CIPS L4M4 Exam Questions?

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CIPS L4M4 Exam Syllabus Topics:
TopicDetails
Topic 1
  • 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 2
  • 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 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.

CIPS Ethical and Responsible Sourcing Sample Questions (Q259-Q264):NEW QUESTION # 259
An organisation within the European Union (EU) wants to import an item from outside of the EU. Which of the following is a valid shipping document?
  • A. Purchase order document
  • B. Goods inward document
  • C. Bill of lading document
  • D. Single transit document
Answer: C
Explanation:
A Bill of Lading is a critical shipping document in international trade, serving as a receipt for shipped goods and a contract between the shipper and carrier. It is essential for customs clearance and is recognized as a valid document for importing goods into the EU.
Exact Extract from Study Guide:
"The Bill of Lading (B/L) is a document issued by the shipping company to the operating shipper, which acknowledges that the goods have been received on board."

NEW QUESTION # 260
Which models would be appropriate for analysis of the supply market?
* Porter's Five Forces
* Porter's Value Chain
* STEEPLED
* Ishikawa Fishbone
  • A. 1 and 2 only
  • B. 2 and 4 only
  • C. 1 and 3 only
  • D. 2 and 3 only
Answer: C
Explanation:
Supply market analysis involves identifying competitive pressures and external influences. Porter's Five Forces assesses supplier power, buyer power, threat of substitutes, new entrants, and rivalry - directly relevant to market dynamics. STEEPLED analysis considers external macro-environmental factors (social, technological, economic, environmental, political, legal, ethical, demographic). By contrast, Porter's Value Chain analyses internal activities of a single organisation, while the Ishikawa diagram is a root-cause tool for problem-solving, not market analysis. Using the correct tools ensures sourcing decisions account for risks and opportunities at both industry and macro levels.
Reference: CIPS L4M4 Study Guide (v2), LO: "Concepts" - market analysis tools, external environment scanning.

NEW QUESTION # 261
What are the risks of outsourcing?
* Loss of control of project
* Loss of assets
* Loss of future business opportunities
* Loss of private information
  • A. 1 and 2 only
  • B. 3 and 4 only
  • C. 1 and 4 only
  • D. 2 and 3 only
Answer: C
Explanation:
Loss of control and loss of private information are significant risks in outsourcing. Responsible sourcing involves mitigating these risks by setting clear agreements, monitoring, and safeguarding sensitive information to maintain control over outsourced activities.

NEW QUESTION # 262
Roberto is running a tender in which his main concern is price. However he is keen to hear also about the companies' Corporate Social Responsibility Policies and how this will impact their delivery. Roberto is considering awarding the CSRquestion4 points in a weighted point system. If he does this, what weight should be given to the price?
  • A. 0
  • B. 1
  • C. 2
  • D. 3
Answer: C
Explanation:
96 is the correct answer- weighted point systems should add up to 100 (as in 100%)

NEW QUESTION # 263
The use of a full competitive tendering process, especially by a public authority, can prevent the quick selection of a preferred supplier where the buyer's need is urgent. Is this statement correct?
  • A. No, this type of process is the quickest way for any organisation to award a contract
  • B. Yes, the aim of such a process is to prevent quick decisions as these are always incorrect
  • C. Yes, there should be no formal preferred supplier in a competitive tender
  • D. No, it is always possible to negotiate with a preferred supplier
Answer: C
Explanation:
In a full competitive tendering process, particularly in the public sector, buyers must not pre-select or favour a supplier. The process is designed to ensurefairness, transparency, and equal treatment, even though this can limit speed in urgent situations. While this may delay rapid supplier selection, it protects against bias and misuse of public funds. The objective is not to prevent quick decisions altogether, but to preventunfair or non-compliant decisions. Ethical and responsible sourcing requires adherence to due process, especially where public accountability is involved.
Reference:CIPS L4M4 Ethical & Responsible Sourcing Study Guide (v2) - public sector procurement; competitive tendering principles.

NEW QUESTION # 264
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