CIPS L4M4 Ethical and Responsible Sourcing Online Training
CIPS L4M4 Online Training
The questions for L4M4 were last updated at Feb 05,2025.
- Exam Code: L4M4
- Exam Name: Ethical and Responsible Sourcing
- Certification Provider: CIPS
- Latest update: Feb 05,2025
Which of the following areas of legislative and regulatory requirements prevent the deliberate limiting of supply and the formation of cartels?
- A . data protection
- B . product safety standards
- C . marketplace competition
- D . ethical practice
Which of the following is considered as part of ESG?
- A . bribery, corruption and the environment
- B . market conditions and product lifecycle
- C . liquidity, gearing and profitability
- D . economic and social governance
The Freedom of Information Act is a piece of UK legislation which allows members of the public to request information on issues such as public sector sourcing. When a request is made, it is compulsory for the public sector to provide this information to the public.
Is this statement true?
- A . yes- the information must be provided within 28 days
- B . yes- the information must be posted publically online
- C . no- the public sector can choose not to publish information if it is not deamed to be in the public interest
- D . no- the public sector does not need to provide information on sourcing activities
What is the best way to prevent potential issues of conflicts of interest?
- A . do not hire family members
- B . openly declare potential conflicts
- C . do not work with suppliers who have relationships with the procurement team
- D . create a risk register
A procurement manager who works in the public sector has received 8 submissions to a tender op-port unity that was advertised on OJEU. The average price submission for the contract was £1m but one supplier has submitted a price of £200,000, which the procurement manager has identified as being ‘an abnormally low tender’.
What should be the procurement manager’s course of action?
- A . automatically dismiss the low bid
- B . award the contract to the low bid as this represents better value for money
- C . investigate the low bid
- D . award the bid a 0 for price
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