CIPS L4M4 Übungsprüfungen
Zuletzt aktualisiert am 24.04.2025- Prüfungscode: L4M4
- Prüfungsname: Ethical and Responsible Sourcing
- Zertifizierungsanbieter: CIPS
- Zuletzt aktualisiert am: 24.04.2025
A supplier operates in a monopolistic market where the threat of entry is low. The product that they offer is key in manufacturing certain types of submarines and there is no known substitute for the product at present.
What type of sourcing relationship is a buyer likely to have with this supplier?
- A . single sourced
- B . sole sourced
- C . multiple sourced
- D . dual sourced
Compared with single sourcing, what is a key advantage to dual or multiple sourcing? Select TWO
- A . It is easy to drive down costs
- B . There is a risk of failure to supply
- C . Economies of scale
- D . Supplier Loyalty
- E . Low risk of failure to supply
Compared with single sourcing, what is a key advantage to dual or multiple sourcing? Select TWO
- A . It is easy to drive down costs
- B . There is a risk of failure to supply
- C . Economies of scale
- D . Supplier Loyalty
- E . Low risk of failure to supply
Which award criteria can be applied when sourcing requirements from external suppliers?
- A . Delivery promises of goods
- B . Price and total life-cycle costs
- C . Plans and manpower numbers
- D . Understanding of supplier operations
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 . competitive
- B . collaborative
- C . compromising
- D . accommodating
Which of the following is not a type of fraud that procurement professionals should be vigilant for?
- A . coersion
- B . phishing
- C . kickback
- D . identity theft
What would an EBITDA ratio show you?
- A . how profitable a business is
- B . how solvent a business is
- C . how much of a business’s funding is made up of long term debt
- D . how effectively a business uses its assets to generate sales
During which stage of the procurement cycle would you remove suppliers that do not add value, or could pose a risk to the buying organisation?
- A . develop strategy
- B . supplier selection
- C . contract award
- D . asset management
Which of the following financial documents would show whether a supplier has sufficient funds to pay their subcontractors in the short term?
- A . balance sheet
- B . ESG policy
- C . profit and loss account
- D . cash flow statement
A competitive tendering process is usually encouraged
- A . 2 and 4 only
- B . 1 and 2 only
- C . 2 and 3 only
- D . 1 and 3 only