CIPS Managing Ethical Procurement and Supply (L5M5) - L5M5 Exam Practice Test

A. It is a body of the WTO B. A principle of the ILO is to eliminate child labour C. The ILO has a representation and complaints process D. The ILO sets standards on health and safety in the workplace and maternity protection

A. Environment B. Human rights C. Anti-corruption D. Racism E. Minimum wage

A. Introduce stringent performance management practices B. Select a supplier in their own country, as all low-cost suppliers risk using slave labour C. Ensure the supplier has ISO9001 and SA8000 certifications D. Align KPIs to the ESG policy E. Conduct regular risk assessments to identify risks that may impact ESG performance

A. Compliance with the law B. Less control C. Lower quality of work D. Increased costs

A. The decision cannot be legally binding B. A decision must be made within 28 days C. It is quicker than going through the courts D. It is an informal process

A. No - reporting on sustainability will increase costs B. Yes - reporting on sustainability can drive change and innovation C. Yes - reporting on sustainability is mandatory and always leads to innovation D. No - reporting on sustainability will only increase reputation

A. Gather information B. Draft the policy C. Identify who will take lead responsibility D. Consult with stakeholders

A. Eradicate unethical business practices B. Reduce inequality within and among countries C. Take urgent action to combat climate change D. End poverty in all its forms, everywhere

A. The more expensive item will be more environmentally friendly B. In terms of life-cycle costing, the more expensive item may be cheaper in the long term C. The higher-priced item will be of better quality D. The higher-priced item is from a more reputable company

A. Placement B. Planet C. Product D. People E. Profit