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CIPS Managing Ethical Procurement and Supply (L5M5) Sample Questions (Q96-Q101):

NEW QUESTION # 96
All of the following are advantages of low-cost country sourcing EXCEPT which one?

A. Intellectual property is easily protected
B. Access to new and better process technologies
C. Lower wage rates allow lower manufacturing costs
D. A wider array of potential suppliers are available

Answer: A

Explanation:
Choice B - LCCS carries the risk of engaging with unethical suppliers, raising concerns about the protection of intellectual property. Consequently, this serves as the answer.
Incorrect answer:
Choice A - This is an advantage of LCCS as LCCS opens up opportunities to engage potential suppliers globally.
Choice C - Companies use LCCS to find more affordable raw materials, labor and manufacturing thereby increasing profits.
Choice D- When considering the profitability of LCCS, a procurement professional will consider the development in technologies have made it easier for their business to communicate with and source from suppliers in low cost countries. This means business can source more affordable products.
Reference:
LO-1.4; Page 106-107; Profit maximization and low-cost sourcing

NEW QUESTION # 97
Automation Avenue, a manufacturing company, is struggling with production defects and high waste levels, affecting both quality and costs. To tackle these issues, they aim to adopt a systematic approach to enhance processes and reduce variability. Which methodology would be most effective in addressing defects and improving process quality?

A. Both Six Sigma and ISO 14001
B. WEEE Certificate
C. ISO 14001
D. Six Sigma

Answer: D

Explanation:
Choice A- Six Sigma is specifically designed to improve process quality, reduce defects and enhance efficiency. Thus this is the answer.
Incorrect answer:
Choice B- While ISO 14001 focuses on environmental management and sustainability, it does not directly address process improvement or defect reduction in the same way that Six Sigma does.
Choice C- Integrating both methodologies could provide comprehensive benefits, as Six Sigma can directly address process improvement and defect reduction, while ISO 14001 can enhance environmental performance and compliance. However, if the primary goal is to tackle defects and improve quality, Six Sigma would be the more immediate choice. Using both together can be beneficial for a holistic approach to quality and sustainability.
Choice D- WEEE (Waste Electrical and Electronic Equipment) certification pertains to the recycling and management of electronic waste. It focuses on environmental compliance regarding e-waste and does not address process quality or defect reduction directly. While important for environmental responsibilities, it is not relevant to the company's current challenges related to production defects.
Reference:
LO-1.1; Page 14-15; The role of environmental considerations in securing ethical and sustainable procurement and supply arrangements

NEW QUESTION # 98
When a major garments factory faces adverse publicity due to alleged child labor, which of the following recognized techniques would be most effective in identifying the root cause of the issue?

A. Supply chain mapping
B. Six sigma
C. Whole life costs
D. Value engineering

Answer: A

Explanation:
Choice C - Supply chain mapping is a technique that enables a comprehensive analysis of the entire supply chain involved in the production and distribution of garment products. It helps identify the origin of the issue and how it spread. Therefore, it is the correct answer.
Incorrect answer:
Choice A - WLC is used to assess the total cost of an asset over its whole life, taking account of its initial cost and the cost of operation, maintenance, upgrade and disposal. It does not help in identifying the child labor issue.
Choice B - Value engineering is a method used to improve the value of a product or process, not primarily focused on issue identification.
Choice D- Six sigma is a methodology aimed at process improvement and reducing defects, not specifically tailored for issue identification.
Reference:
LO-2.1; Page 145; Mapping supply chains to achieve supply chain transparency

NEW QUESTION # 99
The World Fair Trade Organization (WFTO) aims to help large global businesses expand into new markets, offering better products and fairer prices for consumers. Is this statement accurate?

A. Yes, the WFTO establishes global rules to safeguard consumers
B. No, the WFTO primarily focuses on diminishing the influence of multinational corporations
C. No, the WFTO focuses on supporting smaller and disadvantaged producers
D. Yes, the WFTO provides financial aid to international companies

Answer: C

Explanation:
Choice C- This is correct. The WFTO's mission is to support small and disadvantaged producers, ensuring fair wages, ethical trade practices, and market access.
Incorrect answer:
Choice A- This is incorrect. The WFTO does not focus on diminishing multinational corporations but works to empower disadvantaged producers.
Choice B- The WFTO does not establish global regulations but promotes fair trade practices and ethical business standards for producers and consumers, therefore this is wrong.
Choice D- This is incorrect. The WFTO's mission does not involve providing financial aid to businesses; it focuses on promoting fair trade principles.
Reference:
LO-3.3; Page 294-295; The World Fair Trade Organization (WFTO) and its principles

NEW QUESTION # 100
Which of the following is NOT one of the four fundamental principles and rights at work recognized by the International Labor Organization (ILO)?

A. Abolition of child labor
B. Equal pay for equal work
C. Freedom of association and the right to collective bargaining
D. Elimination of forced or compulsory labor

Answer: B

Explanation:
Choice C - Equal pay for equal work is important but is not one of the four fundamental principles of ILO. Thus is the correct answer.
All the other options are core categories of ILO.
Reference:
LO-3.1; Page 249; Standards set by the United Nations (UN) and the International Labor Organization (ILO)

NEW QUESTION # 101
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