Weekend Special 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: Board70

L3M2 Exam Dumps - CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Questions and Answers

Question # 14

Select the two words which explain least well why the procurement of services can be more chal-lenging than the procurement of physical products:

Options:

A.

Intangible

B.

Variable

C.

Permeable

D.

Inseparable

E.

Perishable

F.

Unimaginable

Buy Now
Question # 15

A short definition of quality sometimes used (including in some UK legislation), said originally to come from Joseph Juran, is:

Options:

A.

Fitness for sale

B.

Fitness for purpose

C.

Fitness for consumption

D.

Fitness for shipping

Buy Now
Question # 16

‘A product will not survive commercially unless it satisfies XXXX needs’. Which one of the follow-ing is the most important fit for XXXX?

Options:

A.

Customer

B.

Manufacturer

C.

Sales and marketing

D.

Government agency

Buy Now
Question # 17

A situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity, is called:

Options:

A.

Conflict of interest

B.

Shared interests

C.

Split the difference

D.

Double indemnity

E.

Double whammy

F.

Conflict resolution

Buy Now
Question # 18

You have invited quotations for some building maintenance work to be done at your organisational headquarters. Your sister has recently taken up a position as Head of Marketing at one of the firms which has quoted for the work. What should you do?

Options:

A.

Disbar the firm your sister works in, from the exercise, as the connection could create undesirable rumours about malpractice.

B.

Do nothing – you know you are honest and that is what matters.

C.

Ask your sister to take you out for dinner on her expense account to discuss the matter.

D.

Advise your line manager in writing, and ask to be excused from participation in this particular procurement exercise.

Buy Now
Question # 19

According to the Profex textbook for this subject, specifications are said to be ‘the heart of the con-tract'.

Options:

A.

The book then goes on to say the goods supplied must be of satisfactory:

B.

Quality

C.

Cost

D.

Sturdiness

E.

Quantity

Buy Now
Question # 20

‘Something which carries on over time, going round in repetitive circles’, is called a:

Options:

A.

Scheme

B.

Cycle

C.

Circuit

D.

Process map

Buy Now
Question # 21

Decisions which do not represent the best overall outcome for the organisation could be called:

Options:

A.

Suboptical

B.

Subtropical

C.

Subliminal

D.

Suboptimal

Buy Now
Question # 22

Imagine that the Chief Executive of a UK bank attempted to learn the name of a whistleblower within the bank - the whistleblower had earlier reported wrongdoing within the bank to the state banking authorities anonymously. Trying to find the name of the whistleblower was a breach of the organisation’s internal protocol which guaranteed anonymity to whistleblowers. Imagine the regula-tory authorities in both the UK and the US took action as a result. What is the most likely action which would be taken by the authorities?

Options:

A.

The bank was fined a substantial sum

B.

No further action - nothing happened

C.

The bank was closed down

D.

The Chief Executive was imprisoned

Buy Now
Question # 23

The time between recognition / origin of the need; through to usage or consumption is described as:

Options:

A.

User’s view of lead time

B.

Seller’s lead time

C.

Maker’s lead time

D.

True lead time

E.

Procurement lead time

Buy Now
Exam Code: L3M2
Exam Name: Ethical Procurement and Supply
Last Update: Feb 23, 2025
Questions: 90
L3M2 pdf

L3M2 PDF

$25.5  $84.99
L3M2 Engine

L3M2 Testing Engine

$28.5  $94.99
L3M2 PDF + Engine

L3M2 PDF + Testing Engine

$40.5  $134.99