Alex Clark Alex Clark's Profile Page

Alex Clark Alex Clark

0 Course Enrolled • 0 Course Completed

Biography

L4M4 Testdump, L4M4 Valid Exam Preparation

BTW, DOWNLOAD part of ExamcollectionPass L4M4 dumps from Cloud Storage: https://drive.google.com/open?id=1m38aoinaD6PF538-lFBU00xCDkBqpMEY

Our L4M4 learning materials are carefully compiled by industry experts based on the examination questions and industry trends in the past few years. The knowledge points are comprehensive and focused. You don't have to worry about our learning from L4M4 exam question. We assure you that our L4M4 learning materials are easy to understand and use the fewest questions to convey the most important information. As long as you follow the steps of our L4M4 Quiz torrent, your mastery of knowledge will be very comprehensive and you will be very familiar with the knowledge points. This will help you pass the exam more smoothly.

CIPS L4M4 Exam Syllabus Topics:

Topic
Details

Topic 1

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

Topic 2

Understand the key processes that can be applied to the analysis of potential external 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 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.

>> L4M4 Testdump <<

Get Authoritative L4M4 Testdump and Pass Exam in First Attempt

Taking practice tests is particularly helpful for those who have exam anxiety. Our practice tests are user-friendly and customizable. Windows support the desktop practice test software. Our web-based practice test is compatible with all browsers and operating systems. The web-based Ethical and Responsible Sourcing (L4M4) practice test is similar to the desktop-based exam and can be taken on any browser without needing to download separate software.

CIPS Ethical and Responsible Sourcing Sample Questions (Q178-Q183):

NEW QUESTION # 178
Which of the following is a regulatory body which protects the rights of workers?

A. ISO
B. FairTrade
C. WWF
D. ILO

Answer: D

Explanation:
ILO = the International Labour Organisation.
ISO is the International Standardisation Organisation- they also come up in this exam.
Fair Trade is about paying suppliers properly.
WWF is the World Wildlife Foundation, or if you watched wrestling in the 90s, the original WWE. You do not need to know about wildlife or wrestling for this exam.

NEW QUESTION # 179
When looking at credit scores, a supplier may be classified as a high risk for reasons that are not linked to poor credit. Which of the following could these be? Select TWO

A. The organisation has lots of fixed assets
B. The organisation has no loans or credit cards
C. The organisation does not employ many people
D. The organisation is new

Answer: A,B

Explanation:
New organisations or those with no loans/ credit cards may have low credit scores. This is simply because they do not have enough financial history to make their scores good. That means banks au-tomatically class them as higher risk, because they simply don't know that they're trustworthy yet.

NEW QUESTION # 180
Which of the following areas of legislative and regulatory requirements prevent the deliberate limit-ing of supply and the formation of cartels?

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

Answer: A

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 # 181
Sourcing aims to achieve the best value for money by taking into account several factors. Freddy is sourcing a new component for his company which manufactures tractors. Should Freddy take into consideration ethics and sustainability?

A. no- 'value for money' only concerns price and if the product is fit for purpose
B. yes- ethics and sustainability form part of 'value for money'
C. yes- ethics and sustainability show that the products are fit for purpose
D. no- 'value for money' is concerned with achieving the lowest price

Answer: B

Explanation:
"yes- ethics and sustainability form part of 'value for money' " is the correct answer.
There are several factors that represent value for money and these are listed on p.3. These include; price, delivery, quality, ethics, sustainability and availability.

NEW QUESTION # 182
For what type of purchase would you use a Futures Exchange?

A. Tail Spend
B. High value, high risk
C. Commodity
D. Capital Expenditure

Answer: C

Explanation:
Futures exchanges are used to trade commodities. It's when a buyer and supplier agree a price and deal for something in the future. For example a carrot farmer may agree to sell his carrots to Gary in 3 months time when they're finished growing. It's used when the product / commodity isn't ready yet.
It's also used for hedging and other complex financial stuff- but you don't need to know that yet. Commodities and Future contracts are a big part of L5M4 to warn you though. Futures Contract Definition: Types, Mechanics, and Uses in Trading (investopedia.com)

NEW QUESTION # 183
......

With their authentic and real L4M4 exam questions, you can be confident of passing the CIPS L4M4 certification exam on the first try. In conclusion, if you want to ace the Ethical and Responsible Sourcing (L4M4) certification exam and make a successful career in the CIPS sector, ExamcollectionPass is the right choice for you. Their Ethical and Responsible Sourcing (L4M4) practice tests and preparation materials are designed to provide you with the best possible chance of passing the CIPS L4M4 exam with flying colors. So, don't wait any longer, start your preparation now with ExamcollectionPass!

L4M4 Valid Exam Preparation: https://www.examcollectionpass.com/CIPS/L4M4-practice-exam-dumps.html

P.S. Free 2025 CIPS L4M4 dumps are available on Google Drive shared by ExamcollectionPass: https://drive.google.com/open?id=1m38aoinaD6PF538-lFBU00xCDkBqpMEY

Alex Clark Alex Clark

Biography

About Futurewise Mentor Hub

Quick Links

Resources

Support