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Managing Ethical Procurement and Supply

Last Update 3 hours ago Total Questions : 89

The Managing Ethical Procurement and Supply content is now fully updated, with all current exam questions added 3 hours ago. Deciding to include L5M5 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our L5M5 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these L5M5 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Managing Ethical Procurement and Supply practice test comfortably within the allotted time.

Question # 21

Freedom of association is a protected right under the ILO convention. What does this allow workers to do?

A.

Have a second job

B.

Have work-life balance

C.

Join a union

D.

Avoid slavery

Question # 22

Output image

Scenario:

Apor is an online retailer of clothing and shoes. It sells four different fashion product lines:

    Product 1: Apor has achieved competitive advantage on this product line by producing clothing cheaply. This has been achieved through investment in advanced manufacturing technology, which allows items to be made more cheaply than competitors.

    Product 2: Apor is marketing to a younger customer segment for this product and has developed unique features that appeal to teenagers in particular.

    Product 3: This product is a specialist type of shoe only purchased by professional dancers. Apor’s strategy is to appeal to this small and specific customer segment, and it achieves advantage through low cost of manufacture. However, demand has been affected recently due to import duty and tax changes.

    Product 4: The marketing slogan for this product is “Greener Clothing for the Planet” . Although slightly more expensive than other ranges, Apor achieves advantage through the product’s eco-friendly features, appealing to a smaller, specific segment.

Task:

For each product, match the correct Macro Environment Driver and the correct Source of Competitive Advantage .

Question # 23

There are many different drivers of globalisation. Which of the following would be considered a cost driver?

A.

Improvements in transport technology

B.

To increase value for stakeholders

C.

Trading rules abroad less stringent

D.

Opportunity to build economies of scale

Question # 24

Which of the following ISO standards relates to Environmental Management Systems?

A.

ISO9001

B.

ISO14001

C.

ISO28000

D.

ISO31000

Question # 25

Green Book Ltd wants to include ESG measures in contracts. Which of the following is not an ESG performance measure?

A.

Waste reduction

B.

Social value

C.

ED & I (Equality, Diversity & Inclusion)

D.

On time in full delivery

Question # 26

Seinfeld County Council has entered into a contract with a horticultural services provider. The contract contains a Community Benefit Clause . What is another term for this?

A.

Reward for performance

B.

Payment terms

C.

KPIs

D.

Social value

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