Managing Ethical Procurement and Supply (L5M5) Exam Dumps

Jonnie Karnath2023-08-28T08:16:12+00:00

The Managing Ethical Procurement and Supply (L5M5) Exam is an important certification for professionals who want to demonstrate their expertise in ethical procurement and supply chain management. If you’re preparing for the Managing Ethical Procurement and Supply (L5M5) Exam, it’s crucial to practice with high-quality exam dumps. Certspots offers a range of free online Managing Ethical Procurement and Supply (L5M5) Exam Dumps to help you prepare for the exam. These L5M5 dumps are designed to simulate the real exam and give you a sense of what to expect on test day. With Certspots’ free L5M5 exam dumps, you can study at your own pace and identify areas where you need to focus your preparation.

Page 1 of 4

1. Ruby is a Contracts Manager at ACE Ltd and manages a contract with Spades Ltd which provides raw materials to ACE. She has found a serious issue in Spade's conduct.

Which TWO documents should Ruby complete?

KPIs and Root Cause Analysis

Root Cause Analysis and Corrective Action Plan

Corrective Action Plan and SWOT Analysis

SWOT Analysis and KPIs

2. What types of organisations is the UN Global Compact aimed at?

governments

NGOs

businesses

charities

3. Which of the following will you put into box 4?

Demographics Driver

Economic Driver

Environmental Driver

Technology Driver

4. Which of the following is a disadvantage to the ISO14001 standard?

it is different across different industries

environmental targets are not set by ISO

organisations are mandated to have an Environmental Policy

All companies use this for is greenwashing

5. Which of the following is an example of a closed-loop supply chain?

a clothing retailer donates 5% of the profits back to the suppliers

customers return packaging back to the shop

a food manufacturer is certified as fair trade

a supply chain has integrated technology to apply more accurate demand forecasts

6. Ben is the CEO of a medium sized company based in the UK with an annual turnover of £20million. He has a small supply chain that comprises of suppliers based in the UK and China.

Must Ben produce an Anti-Slavery Statement for his business?

yes- it is compulsory for all companies in the UK

yes- it must be published on his website

no- this is not a legal requirement for his company

no- the government will produce this for him

7. Freedom Incorporated is a company based in the UK and have bought a new fleet of vehicles from South Korea.

Which of the following would be included in the 'Total Landing Costs' of this purchase? Select THREE

cost of motor insurance

delivery cost

currency conversion costs

disposal costs

import duties

8. Expert Determination is a form of contract dispute resolution which is best suited to what circumstances?

high value contracts

international contracts

technical disputes

personality disputes

9. The use of child labour can affect which parties in the supply chain? Select TWO

producers

retailers

suppliers

manufacturers

10. Nicolas is the Head of Procurement at Penny Dolittle Manufacturing Company. He is introducing a sustainability agenda to the company's procurement strategy.

Nicolas believes that an advantage of doing this is that it will drive innovation. Is he correct?

yes - reporting on sustainability can drive change and innovation

yes- reporting on sustainability is mandatory and always leads to innovation

no- reporting on sustainability will lead to an increased reputation

no- reporting on sustainability will increase costs

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11. Which of the following will you put into box 4?

equality

fraud

corruption

modern slavery

12. The Modern Slavery Act (2015) attempts to ensure that modern slavery, including child labour, is not found in supply chains.

Which of the following is a limitation of the Act?

It doesn't apply if your supply chain is outside the UK

It only applies to companies with a large turnover

It is optional to comply with

There are no repercussions for not following the Act

13. Which of the following statements about the ILO (International Labour Organisation) is incorrect?

it is body of the WTO

the ILO has a representation and complaints process

the ILO sets standards on health and safety in the workplace and maternity protection

a principle of the ILO is to eliminate child labour

14. Which of the following will you put into box 8?

education and training

risk assessments

clear communication

independent auditing

15. Roogy Ltd is a small business located in the UK. It is considering implementing its own environmental standard rather than a globally recognised one.

What would be the advantage of this?

it will be more easily understood by customers

it will be cheaper

it ensures compliance with local regulations

this is a form of greenwashing

16. A point in a supply chain where problems may arise and have an affect on a business's cost is commonly referred to as what?

liability point

cost point

touch point

price point

17. Peacock Clothing Manufacturing has a superior IT system to other manufacturing in the fashion industry.

What form of competitive advantage is this?

Culture

Processes

People

18. In what way do Fair Trade Organisations protect producers of raw materials from poor economic conditions?

a standard for working conditions is set

final products are marketed as fair trade

money is provided to communal funds to help invest in the local area

a minimum price is set for the purchase of items

19. In 1999 the UN launched the Global Compact which is a principled based framework to implement sustainable business practices.

Which of the following areas is covered by the Global Compact? Select THREE

human rights

environment

anti-corruption

racism

minimum wage

20. People in the UK earn entitlements to Social Security through the payment of National Insurance. Under what circumstances are people provided payment? Select THREE

sickness

redundancy

retirement

change of job

marriage

Page 3 of 4

21. Which of the following will you put into box 2?

Demographics Driver

Economic Driver

Environmental Driver

Technology Driver

22. Which of the following standards is applicable to governments rather than private businesses?

UN Global Compact

ILO Fundamental Principles of Human Rights

SA8000

OECD Guidelines for MNEs

23. According to the International Institute for Sustainable Development, which of the following are part of the 6 key components of a CSR Plan? Select THREE

Introduction

Financial Analysis

Implementation Plan and Activities

CSR Commitment to stakeholder engagement

Verification and evaluation of results

24. Patrick is a Category Manager and is procuring an item which has a high cost impact on production. There is vast competition in the marketplace and switching costs are very low.

According to the Kraljic Matrix, what type of supplier is this?

leverage

bottleneck

routine

strategic

25. Which of the following will you put into box 6?

Ethical Issues

Cultural Issues

Performance Issues

Health and Safety Issues

26. Which of the following are principles of the Wine and Agricultural Ethical Trade Association (WIETA)? Select THREE

prohibition of forced labour

working hours shall not be excessive

regular employment to be provided

a working environment free from risk

automatic sick pay

27. What are the two ways that an item can come to be labelled as 'Fair Trade' by the WFTO? Select TWO

product certification route

manufacturer route

integrated supply chain route

audit route

28. Which of the following will you put into box 1?

increase business profits

increase market share

desire to improve CSR

desire to innovate

29. Which of the following is NOT part of the UN's 17 Sustainable Development Goals?

end poverty in all its forms, everywhere

reduce inequality within and among countries

take urgent action to combat climate change

eradicate unethical business practices

30. The JCT Contract is used most commonly by which industry?

finance

agriculture

services

construction

Page 4 of 4

31. Which of the following will you put into box 7?

Ethical Issues

Cultural Issues

Performance Issues

Health and Safety Issues

32. Which ISO Standard is most appropriate for CSR (Corporate Social Responsibility)?

ISO9001

ISO14000

ISO22000

ISO31000

33. What is a monopsony?

there is only one supplier of a good

there is only one buyer of a good

there is only one product available in the market

there is only one market to sell the good in

34. Which of the following will you put into box 6?

education and training

risk assessments

clear communication

independent auditing

35. During the transition period at the end of a contract, which of the following is usually the most difficult or complicated to organise?

returning of physical assets

drawing up an exit strategy

document transfer

knowledge transfer and IP rights

36. An international trade dispute would be resolved by which organisation?

WTO

ILO

none- governments must resolve disputes themselves

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