CIPS L4M4 Questions - L4M4 PDF Dumps [2026]
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Using an updated Ethical and Responsible Sourcing (L4M4) exam dumps is necessary to get success on the first attempt. So, it is very important to choose a CIPS L4M4 exam prep material that helps you to practice actual CIPS L4M4 Questions. Test4Cram provides you with that product which not only helps you to memorize real CIPS L4M4 questions but also allows you to practice your learning.
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Reliable CIPS L4M4 Braindumps Book - L4M4 Valid Exam Questions
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CIPS Ethical and Responsible Sourcing Sample Questions (Q286-Q291):
NEW QUESTION # 286
Ali is the Category Manager at an airplane manufacturing factory. He works with many different suppliers who provide different components for the planes. The company is investing heavily in Environmental and Social Governance and Ali has been asked by the CEO what the best practice is to ensure ethical behaviour from suppliers. Ali has suggested completing Audits. Is this the right thing to do?
- A. No- audits will only reveal financial issues not ethical ones
- B. yes - these can be completed without warning which would give Ali an accurate picture of the supplier's operations
- C. Yes- audits always uncover ethical violations such as modern day slavery
- D. No- Ali should simply ask the supplier's about their ethical practices
Answer: B
Explanation:
The correct answer is 'yes - these can be completed without warning which would give Ali an accurate picture of the supplier's operations'. The other options are incorrect:
1) you can do many types of audit- financial, ethical, Health and Safety etc
2) asking a supplier about their ethical practices isn't likely going to get you accurate information. They'll just tell you what they think you want to hear
3) audits are great- but they don't ALWAYS uncover issues. Always is the key word in that sentence which makes it incorrect.
NEW QUESTION # 287
One approach to managing supply risk is by having multiple suppliers of a given product or category of requirements. This approach has both advantages and disadvantages. Which of the following conditions would be a reason for multiple sourcing arrangements?
- A. It restricts opportunity for competition within the supplier base
- B. It increases the risk and costs of switching within the supplier base
- C. It is suitable for high-value requirements such as raw materials
- D. It is suitable for high-value, one-off requirements such as machinery
Answer: C
Explanation:
Multiple sourcing is most effective for strategically important, high-value requirements such as raw materials.
These are continuous, large-volume needs where supply disruptions can be costly and damaging. By using more than one supplier, buyers reduce dependency risks, improve resilience, and increase competitive leverage. One-off requirements like machinery (A) don't benefit from multiple sourcing, while options B and D describe disadvantages rather than reasons for adopting the approach. Responsible sourcing promotes balancing cost, risk, and resilience - and multiple sourcing is a key strategy for critical, ongoing supply categories.
Reference: CIPS L4M4 Study Guide (v2), LO: "Application" - sourcing strategies and risk management.
NEW QUESTION # 288
Steff is a procurement manager at Giant Buttons Ltd who are considering offshoring a small section of their manufacturing operations. Which of the following is a risk of offshoring that Steff should consider.
- A. importation rules and tariffs
- B. payments by electronic bank transfer
- C. lower operating costs
- D. exportation rules and tariffs
Answer: A
Explanation:
The correct answer is importation rules and tariffs. This is because in offshoring some of the manufacturing will be done in another country then shipped back to the UK. The products will have to go through customs so may be subject to tariffs and duties.
Steff's not exporting anything in the scenario and paying electronically and getting lower costs are not RISKS.
NEW QUESTION # 289
Many organisations prefer a multi-sourcing approach because of the advantages it provides. Which of the following might be an advantage of multi-sourcing?
- A. It helps the buyer to increase stock varieties to avoid stock-outs
- B. It is the only approach that supports the open tendering process
- C. It is the only approach that enables the buyer to isolate the best supplier from among many
- D. It increases process flexibility and switching using a range of approved suppliers
Answer: D
Explanation:
Multi-sourcing allows organisations to diversify their supply base, providing flexibility, and reducing risk by having multiple suppliers. It is an effective strategy to prevent over-dependence on a single source and allows for competition among suppliers, promoting quality and ethical standards in the supply chain.
NEW QUESTION # 290
The procurement team received an urgent request from the business to source quotations for pestcontrol services. The team decided to use a local newspaper to advertise the requirements. Was this an appropriate approach to use in the circumstances?
- A. No, because international vendors must also be notified of the opportunity
- B. Yes, so that the local pest control sector can decide between them who should bid
- C. Yes, they must seek as many bids as possible, even if it takes longer
- D. No, because they might receive too many irrelevant proposals which may delay the assessing process
Answer: D
Explanation:
Advertising in a local newspaper for a specialized requirement can lead to irrelevant bids, delaying the process. Efficient sourcing practices recommend targeted advertising to reach qualified suppliers, ensuring timely responses and reducing assessment time, especially for urgent needs.
NEW QUESTION # 291
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