Total 298 Questions |
Updated On: Apr 22, 2024
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| Name: | Ethical and Responsible Sourcing |
| Exam Code: | L4M4 |
| Certification: | CIPS Certification |
| Vendor: | CIPS |
| Total Questions: | 298 |
| Last Updated: | Apr 22, 2024 |
Which of the following encourages procurement professionals to avoid discrimination, treat suppliers fairly and respectfully and a transparent approach to sourcing?
Public organisations can decide on their owns whether their tender requirements are advertised. Is this statement true?
A procurement professional is sourcing spark plugs for his automotive company. He realises that although the spend on spark plug only occur about 1% of a car's total cost, but lacking this component would have a significant impact on the car's quality and safety. There are many suppliers available which locate in different countries and their product quality is not much different from each other. According to Kraljic's matrix, spark plugs are examples of which of the following categories?
Sourcing products internationally involves extra considerations when looking at the price of the item. Which
of the following are additional price considerations for international sourcing? Select TWO