2025 CIPS L5M5 Marvelous Reliable Exam Vce

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CIPS Managing Ethical Procurement and Supply (L5M5) Sample Questions (Q30-Q35):

NEW QUESTION # 30
Which of the following form the 'Triple Bottom Line'? Select THREE

A. profit
B. product
C. placement
D. people
E. planet

Answer: A,D,E

Explanation:
People, Planet and Profit are the 'triple bottom line' - see p.3 of the study guide. This is also known as the 3Ps

NEW QUESTION # 31
The ILO's fundamental principles and rights at work are binding on which countries?

A. All member states of the ILO
B. Only those that have ratified the ILO conventions
C. Only countries with high labor standards
D. Only developed countries

Answer: A

Explanation:
Choice B- This is the correct answer. The International Labor Organization (ILO) requires all member states to uphold its fundamental principles and rights at work, even if they have not ratified the specific conventions associated with these principles. These fundamental principles are part of the ILO Declaration on Fundamental Principles and Rights at Work (1998), which includes:
Freedom of association and the right to collective bargaining.
Elimination of forced or compulsory labor.
Abolition of child labor.
Elimination of discrimination in respect of employment and occupation.
When a country joins the ILO, it automatically accepts an obligation to respect, promote, and realize these fundamental principles, regardless of whether it has formally ratified the associated conventions. This reflects the ILO's commitment to promoting universal labor standards and protecting workers' rights globally.
Incorrect answer:
Choice A- This is incorrect because the fundamental principles apply to all member states, not just those that ratified specific conventions.
Choice C- The principles are universal and apply to all member states, regardless of economic status.
Choice D- Even countries with weak labor standards are obligated to promote these principles as ILO members. So, this is not the answer.
Reference:
LO-3.1; Page 248-249; Standards set by the United Nations (UN) and the International Labor Organization (ILO)

NEW QUESTION # 32
The development of a documented process to assess the environmental performance of suppliers prior to appointment, would be covered by which part of an ISO 14001:2015 environmental management system?

A. Context of the organization
B. Performance evaluation
C. Support
D. Operation

Answer: D

Explanation:
Choice B- This is the correct answer. The "Operation" clause of ISO 14001:2015 includes the need for an organization to establish processes for managing external impacts, such as assessing the environmental performance of suppliers and considering their sustainability efforts before appointing them.
Incorrect answer:
Choice A- This part of the ISO 14001:2015 focuses on monitoring, measuring, analyzing, and evaluating the environmental performance of the organization. It is more about assessing the internal processes rather than supplier assessment.
Choice C- This part focuses on understanding the external and internal factors that influence the organization's environmental management system, but not directly on supplier assessment processes.
Choice D- This section covers the resources, competence, awareness, communication, and documented information needed to support the environmental management system, but does not directly address the supplier evaluation process.
Reference:
LO-3.2; Page 284; Role of industry standards and frameworks used by organizations in securing ESG considerations and ethical standards

NEW QUESTION # 33
Which scenario best illustrates the inclusion of a community benefits clause in a procurement contract?

A. A supplier is required to adhere to strict environmental standards during project execution
B. A contractor commits to employing a percentage of workers from the local community and offering training programs for skill development
C. A construction company agrees to use locally sourced materials to reduce costs
D. A procurement contract mandates penalties for late delivery of goods

Answer: B

Explanation:
Choice B- A community benefits clause is included in procurement contracts to promote social and economic benefits for local communities. This often includes actions like creating job opportunities, providing training, or supporting local businesses, as described in option B.
Incorrect answer:
Choice A- Focuses on cost reduction rather than community benefits.
Choice C- Relates more to environmental considerations than community development.
Choice D- This option is about enforcement mechanisms, not generating community benefits.
Reference:
LO-2.2; Page 186-187; Monitoring Contract Performance

NEW QUESTION # 34
Which TWO of the following statements are TRUE regarding the adjudication method of dispute resolution?

A. It is more expensive than litigation
B. A decision must be made within 28 days
C. It is faster than resolving disputes through the courts
D. The process is not confidential
E. It is a more formal process than litigation

Answer: B,C

Explanation:
Choice B-This is true. According to typical adjudication rules, decisions must be rendered quickly, usually within 28 days of the referral.
Choice D- This is true, adjudication is designed to resolve disputes swiftly compared to court proceedings.
Incorrect answer:
Choice A-This is false, adjudication is generally a confidential process.
Choice C- This is false, adjudication is less formal than litigation.
Choice E-This is false, adjudication is typically less costly than litigation.
Reference:
LO-2.4; Page 238; Escalating non-compliance and making exit arrangements

NEW QUESTION # 35
......

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2025 CIPS L5M5 Marvelous Reliable Exam Vce

L5M5 Actual Test Answers & L5M5 Study Group

CIPS Managing Ethical Procurement and Supply (L5M5) Sample Questions (Q30-Q35):

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