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L4M4 Prüfungs - L4M4 Examengine
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CIPS L4M4 Prüfungsplan:
Thema
Einzelheiten
Thema 1
- This section examines analyzing market data, obtaining quotations
- tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
Thema 2
- 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.
Thema 3
- 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.
Thema 4
- Understand the key processes that can be applied to the analysis of potential external suppliers:
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CIPS Ethical and Responsible Sourcing L4M4 Prüfungsfragen mit Lösungen (Q68-Q73):
68. Frage
Which of the following are primary sources of data? Select TWO.
- A. phone calls with current suppliers
- B. market reasearch commissioned by a rival company
- C. published price lists
- D. trade fairs and exibits
- E. economic indices such as PPI or CPI
Antwort: A,D
Begründung:
Primary data includes trade fairs and exhibits, and phone calls to current suppliers. The others are examples of secondary data.
Remember primary= you do it yourself, Secondary = someone else did it.
69. Frage
What course of action should be taken when an audit of a supplier identifies evidence of human rights malpractice?
- A. Immediately halt all orders with the supplier, make a record of the violation in the supplier database, and switch to an alternative source of supply
- B. Allow the supplier to complete current orders placed, while pursuing an alternative source to change to as soon as approved
- C. Immediately raise the issue with the supplier and jointly develop a timely action plan to be implemented before a repeat audit
- D. Remove all business and inform press organisations, who will in turn bring the issue to the attention of formal governmental organisations who can take action
Antwort: C
Begründung:
Addressing human rights issues collaboratively by developing an action plan allows for improvement and correction. This approach is consistent with ethical sourcing principles, which encourage responsible intervention to correct and improve supply chain practices rather than punitive measures that may not lead to long-term change.
70. Frage
A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?
- A. Yes- a low gearing ratio shows that the business is solvent and can deal with supply chain disruptions easily
- B. Yes- a low gearing ratio means the company's finances are made up of equity rather than debt
- C. No- a low gearing suggests that the company is financed by long-term debt rather than equity
- D. No- a low gearing shows you that a company isn't likely to be profitable
Antwort: B
Begründung:
the correct answer is 'Yes- a low gearing ratio means the company's finances are made up of equity rather than debt'.
Remember low gearing = good (based on equity), high gearing = bad (based on debt). Anything over 50% is considered high.
The two no answers are therefore incorrect and you can discount these straight away. The other yes answer is one of those answers which COULD be true, but isn't always true, and we'd need more information to know for sure. When you get options like this there will be one that is always right and one which is sometimes right
- so always pick the always right one.
Dealing with supply chain disruptions is complex, and depending what the disruption is, how big it is, what the industry is etc determines whether a supplier can handle it or not. Because there's more factors to consider than just gearing, this isn't the right answer.
71. Frage
Khalid is a procurement manager in the UK who is looking to source exotic fruit for a retailer. As this type of fruit doesn't grow naturally in the UK Khalid is looking at international suppliers, but is worried about variations in exchange rates. He is considering asking the suppliers to provide quotes in their local currencies.
Will this reduce the risk posed to Khalid?
- A. no- quoting the prices in GBP / £ will provide Khalid with better security against cur-rency fluctuations
- B. no- prices should be quoted in GBP / £ as this will reduce the cost of imports
- C. yes- when suppliers quote in local currencies you are more likely to get better prices
- D. yes- suppliers should quote in their own currencies so there is no risk to the importing company
Antwort: A
Begründung:
So you can immediately discount the options starting with yes.
Quoting in GBP / £ rather than the supplier's currency reduces the risk to the buyer. It will not re-duce the cost of the import, and will probably increase it as the supplier is then taking on the risk of currency fluctuations.
72. Frage
Tracey Collum is a procurement professional and married to Nick Collum.
Tracey has been leading a tender for a new radar system, where four suppliers have submitted their bids.
After the bids were received, Nick joined one of the suppliers (Supplier X) as the project director for radar systems.
Nick has asked Tracey to award the contract to Supplier X.
What should Tracey do?
- A. Award the contract to Supplier X because Tracey can ask for a better price because they are married
- B. Remove Supplier X from the tender due to a conflict of interest and continue with the tender
- C. Award the contract to Supplier X because Nick will be promoted if Supplier X wins the contract
- D. Ask to be removed from the tender due to a conflict of interest and complete a conflict of interest form
Antwort: D
Begründung:
To maintain integrity and avoid conflicts of interest, Tracey should declare the conflict and remove herself from the tender process. Ethical sourcing practices emphasize transparency and fairness, which prevent potential biases and maintain trust within procurement processes.
73. Frage
......
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