Achademia Kromeidon |

Greg Cook Greg Cook

0 Iscritto al Corso • 0 Corso completato

Biografia

Quiz CIPS - Valid L5M5 - Cost Effective Managing Ethical Procurement and Supply (L5M5) Dumps

The customizable mock tests make an image of a real-based Managing Ethical Procurement and Supply (L5M5) (L5M5) exam which is helpful for you to overcome the pressure of taking the final examination. Customers of PrepAwayPDF can take multiple CIPS L5M5 practice tests and improve their preparation to achieve the L5M5 Certification. You can even access your previously given tests from the history, which allows you to be careful while giving the mock test next time and prepare for CIPS L5M5 certification in a better way.

Are you worried about how to passs the terrible CIPS L5M5 exam? Do not worry, With PrepAwayPDF's CIPS L5M5 exam training materials in hand, any IT certification exam will become very easy. PrepAwayPDF's CIPS L5M5 Exam Training materials is a pioneer in the CIPS L5M5 exam certification preparation.

>> Cost Effective L5M5 Dumps <<

Marvelous CIPS L5M5: Cost Effective Managing Ethical Procurement and Supply (L5M5) Dumps - 100% Pass-Rate PrepAwayPDF L5M5 Prepaway Dumps

You have PrepAwayPDF CIPS L5M5 certification exam training materials, the same as having a bright future. PrepAwayPDF CIPS L5M5 exam certification training is not only the cornerstone to success, and can help you to play a greater capacity in the IT industry. The training materials covering a wide range, not only to improve your knowledge of the culture, the more you can improve the operation level. If you are still waiting, still hesitating, or you are very depressed how through CIPS L5M5 Certification Exam. Do not worry, the PrepAwayPDF CIPS L5M5 exam certification training materials will help you solve these problems.

CIPS Managing Ethical Procurement and Supply (L5M5) Sample Questions (Q82-Q87):

NEW QUESTION # 82
Which of the following best defines the concept of total landed costs?

A. The difference between the product and logistics related cost
B. The lowest logistics cost of a product
C. The sum of all product and logistics related cost
D. The sum of all logistics cost related to a product

Answer: C

Explanation:
According to the study guide, the correct answer is Choice C. Total landed cost refers to the complete cost of delivering a product to its final destination. This includes the original product price, transportation costs, fees, customs and duty charges, currency exchange rates, and handling costs.
Reference:
LO-1.4; Page 107; Demand Management and the need for urgent orders

NEW QUESTION # 83
Ben & Jerry's products feature a Fair Trade mark, demonstrating their commitment to ethical sourcing. Which of the following strategies do they use to uphold labor standards within their supply chain?

A. Auditing and reporting on labor practices to ensure compliance
B. Relying solely on self-reporting from suppliers about labor condition
C. Implementing a policy that allows for flexibility in labor standards based on local laws
D. Offering higher prices for all ingredients, regardless of quality

Answer: A

Explanation:
Choice C- By conducting regular audits and reporting on labor practices, Ben & Jerry's ensures that its suppliers adhere to fair labor standards. This process helps identify and address any issues related to working conditions, wages, and worker rights, thereby promoting accountability and transparency within their supply chain.
Incorrect answer:
Choice A- While paying fair prices is important, simply offering higher prices does not guarantee that labor standards are met.
Choice B- This approach can be misleading because self-reporting may not accurately reflect actual conditions without external verification.
Choice D- This could be misleading as it may suggest that local laws can justify subpar labor practices, which contradicts the fair trade ethos.
Reference:
LO-1.3; Page 88-89; Labor standards and working practices

NEW QUESTION # 84
A clothing manufacturer seeks SA8000 certification to demonstrate its commitment to social accountability and ethical labor practices. To meet the requirements, it implements a management system to ensure compliance with labor standards, including fair wages, safe working conditions, and the prohibition of forced and child labor. Additionally, the company adopts ISO 14000 to address environmental concerns in its operations.
Based on this scenario, which of the following statements is true?

A. SA8000 certification is only applicable to the clothing industry
B. SA8000 requires a management system like ISO 14000 and is not industry-specific
C. SA8000 and ISO 14000 are the same certification systems
D. SA8000 certification focuses exclusively on environmental management

Answer: B

Explanation:
Choice A- SA8000 certification is a global standard for social accountability that applies across all industries. It requires the implementation of a management system to ensure compliance with its principles, and ISO 14000 is an example of a complementary system that can address environmental aspects.
Incorrect answer:
Choice B- Incorrect because SA8000 focuses on social accountability, not exclusively on environmental management.
Choice C- Incorrect as SA8000 is not industry-specific and applies to various sectors.
Choice D- Incorrect because SA8000 and ISO 14000 address different areas-social accountability and environmental management, respectively.
Reference:
LO-3.1; Page 264-266; Labor codes of conduct: Ethical Trading Initiative (ETI) and Social Accountability International's standard SA8000

NEW QUESTION # 85
Ahmed Electronics is conducting an audit to assess its compliance with regulatory requirements, security protocols, and risk management policies. What type of audit does this represent?

A. benchmarking audit
B. compliance audit
C. external audit
D. 3rd party audit

Answer: B

Explanation:
Choice C - A compliance audit is a type of audit conducted to ensure that an organization adheres to regulatory guidelines, security policies, and risk management procedures. Its primary focus is on verifying conformity with external regulations, internal policies, and standards. This is the correct answer.
Incorrect answer:
Choice A - Focuses on financial statements and is usually conducted by an independent body for external stakeholders.
Choice B - Performed by an external organization to assess compliance with specific standards, often for certification purposes.
Choice D- Involves comparing an organization's performance or practices against industry standards or best practices, not necessarily focused on compliance.
Reference:
LO-2.3; Page 207-208; Sourcing third parties for auditing services

NEW QUESTION # 86
The World Fair Trade Organization (WFTO) aims to help large global businesses expand into new markets, offering better products and fairer prices for consumers. Is this statement accurate?

A. Yes, the WFTO establishes global rules to safeguard consumers
B. Yes, the WFTO provides financial aid to international companies
C. No, the WFTO primarily focuses on diminishing the influence of multinational corporations
D. No, the WFTO focuses on supporting smaller and disadvantaged producers

Answer: D

NEW QUESTION # 87
......

Based on the research results of the examination questions over the years, the experts give more detailed explanations of the contents of the frequently examined contents and difficult-to-understand contents, and made appropriate simplifications for infrequently examined contents. L5M5 test questions make it possible for students to focus on the important content which greatly shortens the students’ learning time. With L5M5 Exam Torrent, you will no longer learn blindly but in a targeted way. L5M5 exam torrent will also help you count the type of the wrong question, so that you will be more targeted in the later exercises and help you achieve a real improvement. L5M5 exam guide will be the most professional and dedicated tutor you have ever met, you can download and use it with complete confidence.

L5M5 Prepaway Dumps: https://www.prepawaypdf.com/CIPS/L5M5-practice-exam-dumps.html

For purchasing the L5M5 study guide, the cndidates may have the concern of the safety of the websites, we provide you a safety network environment for you, CIPS Cost Effective L5M5 Dumps It is well known to us that the PDF version is very convenient and practical, CIPS Cost Effective L5M5 Dumps What’s more, we can always get latest information resource, CIPS Cost Effective L5M5 Dumps Try to immerse yourself in new experience.

Simulating multiple objects, Many applications let Latest L5M5 Study Guide the user search, view, and edit individual items that belong to a data set, For purchasing the L5M5 Study Guide, the cndidates may have the concern of the safety of the websites, we provide you a safety network environment for you.

Boost Your Confidence with Desktop Practice Test for CIPS L5M5 Exam

It is well known to us that the PDF version is very convenient Reliable L5M5 Exam Review and practical, What’s more, we can always get latest information resource, Try to immerse yourself in new experience.

It is known to all that a CIPS certificate, a worldwide L5M5 recognized certification, is not only a tool of showing your career ability but also a stepping stone for senior positions.