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L4M4 Braindumps Downloads | Exam L4M4 Answers
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CIPS L4M4 Exam Syllabus Topics:
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CIPS Ethical and Responsible Sourcing Sample Questions (Q101-Q106):
NEW QUESTION # 101
Incoterms describe several aspects and responsibilities of transporting goods when sourcing internationally.
Which of the following is described by Incoterms? Select THREE.
- A. how much the transportation will cost
- B. what form of transportation will be used
- C. who is responsible for making duty and tariff arrangements
- D. which party arranges insurance
- E. how long the transportation will take
Answer: B,C,D
Explanation:
Incoterms describe who out of the buer and seller; organises transport and what type of transport this is, who pays for insurance, and who organises duty / tariff arrangements when the goods go through customs. See p.131. Note- some students report a lot of questions on Incoterms in the exam, some say they only had 1. If you can, I'd learn them just to be safe.
NEW QUESTION # 102
What is a risk of pre-warning a supplier that you will conduct an audit of their facilities?
- A. they will not achieve KPIs
- B. they will not perform regular duties that day
- C. they will not be able to make that time and date
- D. they may coach staff in what to say
Answer: D
NEW QUESTION # 103
There are a number of models that can be used to appraise suppliers before commencing a full tendering process. Which of the following could be considered when appraising a supplier?
* Capacity
* Control
* Compatibility
* Commodity
- A. 1 and 2 only
- B. 2 and 3 only
- C. 1 and 3 only
- D. 2 and 4 only
Answer: C
Explanation:
Capacity and compatibility are critical factors in supplier appraisal. Evaluating these factors ensures that the supplier can meet the buyer's requirements in terms of production capacity and aligns with responsible sourcing by ensuring the supplier's values and practices are compatible with the buyer's expectations.
NEW QUESTION # 104
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. collaborative
- B. accommodating
- C. competitive
- D. compromising
Answer: B
Explanation:
This is accommodating: the supplier puts the buyer's interest above his own.
This is from the Thomas Killman model of conflict resolution. There are 5 strategies; competitive, collaborative, avoiding, accommodating and compromising. In the study guide it doesn't mention the name of the model but you do need to know the 5 strategies. The model comes up a lot in other modules so is a good one to learn. Particularly L5M1 which is about management theory.
NEW QUESTION # 105
Which of the following would be considered a strategic sourcing activity?
- A. a restaurant ordering plastic cups
- B. an office ordering copier paper
- C. a factory ordering a new machine
- D. a bakery ordering eggs
Answer: C
Explanation:
a factory ordering a new machine is the correct answer.
Strategic sourcing is for high value, high risk items. The other options given are tactical sourcing as they are low value (eggs, paper and plastic cups).
See p.3 for the differences between tactical and strategic sourcing
NEW QUESTION # 106
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