CIPS L3M2 Ethical Procurement and Supply Online Training
CIPS L3M2 Online Training
The questions for L3M2 were last updated at Nov 22,2024.
- Exam Code: L3M2
- Exam Name: Ethical Procurement and Supply
- Certification Provider: CIPS
- Latest update: Nov 22,2024
Question #31
We can talk about the ‘make, do or XXXX decision’. XXXX represents:
- A . Buy
- B . Procure
- C . Lease
- D . Build
Question #32
A short definition of quality sometimes used (including in some UK legislation), said originally to come from Joseph Juran, is:
- A . Fitness for sale
- B . Fitness for purpose
- C . Fitness for consumption
- D . Fitness for shipping
Question #33
An effective specification is one that is (select all that apply):
- A . Compliant with all legislation
- B . Concise – succinct
- C . Comprehensive C leaving nothing to doubt or misinterpretation
- D . Clear and unambiguous
- E . Comprehensible to all
- F . Current C up to date with the latest technology, standards, etc
Question #34
Where the buyer’s and seller’s conditions of contract clash, this is commonly known as ‘the battle of the…’
- A . Bulge
- B . Terms
- C . Firms
- D . Forms
- E . Papers
- F . Titans
Question #35
An internet-based auction between competing sellers or suppliers in real time, is called a:
- A . Competitive e-tender
- B . Dutch e-auction
- C . Reverse e-auction
- D . Forward e-auction
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