2025 Unparalleled L5M5 Cert & Managing Ethical Procurement and Supply (L5M5) Exam Guide
BTW, DOWNLOAD part of ActualTestsQuiz L5M5 dumps from Cloud Storage: https://drive.google.com/open?id=1aUPE2JpFqxa3PO7kOlzOfHmt2sDed4Jc
There are three different versions provided by our company. Every version is very convenient and practical. The three different versions of our L5M5 study torrent have different function. We believe that you must find the version that is suitable for you. Now I am willing to show you the special function of the PDF version of L5M5 test torrent. If you prefer to read paper materials rather than learning on computers, the PDF version of our Managing Ethical Procurement and Supply (L5M5) guide torrent must the best choice for you. Because the study materials on the PDF version are printable, you can download our L5M5 study torrent by the PDF version and print it on papers. We believe that it will be very helpful for you to protect your eyes. In addition, the PDF version also has many other special functions. If you use the PDF version of our L5M5 test torrent, you will find more special function about the PDF version.
The clients can consult our online customer service before and after they buy our Managing Ethical Procurement and Supply (L5M5) guide dump. We provide considerate customer service to the clients. Before the clients buy our L5M5 cram training materials they can consult our online customer service personnel about the products’ version and price and then decide whether to buy them or not. After the clients buy the L5M5 study tool they can consult our online customer service about how to use them and the problems which occur during the process of using. If the clients fail in the test and require the refund our online customer service will reply their requests quickly and deal with the refund procedures promptly. In short, our online customer service will reply all of the clients’ questions about the L5M5 cram training materials timely and efficiently.
>> L5M5 Cert <<
Quiz CIPS - L5M5 –High Pass-Rate Cert
For candidates who are going to buy L5M5 exam bootcamp online, they may pay more attention to privacy protection, and if you are choose us, we can ensure that your personal information will be protected well. Once the order finishes, your personal information such as your name and email address will be protected well. In addition, L5M5 Exam Dumps contain both questions and answers, and you can have a quickly check after practicing. Online and offline service are available for L5M5 exam bootcamp, if you have any questions, don’t hesitate to consult us.
CIPS Managing Ethical Procurement and Supply (L5M5) Sample Questions (Q25-Q30):
NEW QUESTION # 25
Which of the following strategies is primarily designed to lower business costs while also considering social and environmental impacts?
- A. Cutting Workforce Salaries
- B. Outsourcing
- C. Value Engineering
- D. Increasing Product Prices
Answer: C
Explanation:
Choice B- Value engineering is a structured approach to improving the value of products or services by analyzing their functions. It aims to reduce costs without sacrificing quality, thereby enhancing overall efficiency. It reviews and amends new products like reworking or developing new processes so that fewer raw materials are used or wasted in production of goods. This method encourages innovation and sustainability, often leading to more environmentally friendly processes and materials, and can also foster positive social outcomes by improving product design and usability.
Incorrect answer:
Choice A- Outsourcing involves contracting third-party companies to handle certain business functions or processes. While it can reduce costs by utilizing cheaper labor or specialized services, it often does not address social or environmental impacts. In some cases, outsourcing can lead to negative consequences, such as job losses in the local economy or reliance on suppliers with poor labor practices.
Choice C- Increasing product prices is a straightforward way to improve profit margins, but it does not reduce costs. In fact, this strategy can alienate customers, especially in competitive markets. Additionally, it may not have any direct impact on social or environmental considerations, and could potentially lead to decreased accessibility for consumers.
Choice D- Cutting salaries is a short-term cost-saving measure that can severely impact employee morale, loyalty, and productivity. While it may reduce costs temporarily, it often leads to higher turnover rates and loss of skilled workers. This strategy can have negative social impacts on the workforce and may ultimately harm the company's reputation and long-term sustainability.
Reference:
LO-1.1; Page 28-29; The risks and rewards of adopting ESG considerations in securing ethical and sustainable procurement and supply arrangements
NEW QUESTION # 26
EcoWear, a well-known apparel company committed to sustainability, has recently expanded its supply chain but failed to address key ESG issues, leading to the following concerns:
A supplier has been reported for using toxic dyes, causing environmental harm.
Another supplier has poor labor practices, resulting in worker strikes.
If these ESG issues remain unresolved, what are the most likely consequences for EcoWear? Select any TWO.
- A. Inability to secure or attract potential investments from banks
- B. Increased Sales: Consumers are likely to overlook the issues and continue purchasing EcoWear products, boosting sales
- C. Legal Benefits: EcoWear could benefit from reduced regulatory scrutiny and enjoy a more favorable legal environment
- D. Reputational Damage: The company may face backlash from consumers and advocacy groups, harming its brand reputation and customer loyalty
Answer: A,D
Explanation:
Choice A- Increased Sales is unlikely, as consumers are increasingly aware of ESG issues and may choose to avoid brands that don't align with their values.
Choice B- Legal Benefits is also unlikely, as failing to address ESG issues could actually increase regulatory scrutiny and legal risks.
Option C & D is the answer as per the study guide.
Reference: LO-1.1; Page 53; Impact of breaches of ethical codes or ESG standards on reputation and brand
NEW QUESTION # 27
Nahid Cotton Mills Ltd, a leading manufacturer and exporter of high-quality knitting and cotton yarn in Bangladesh, aims to expand internationally and grow its global market to increase profits. The STEEPLED analysis tool can help assess various macro-environmental factors affecting the business. Which of the following factors fall under the social element of this analysis?
- A. Inflation and interest rates
- B. Level of corruption and bribery present
- C. Waste management initiatives
- D. Fashion and trends led by local celebrities
Answer: D
Explanation:
Choice A- Waste management initiatives is an Environmental factor. Choice B- Fashion and trend led by celebrities is a social factor as a it includes different lifestyles, types of family, culture, values and religions. Therefore is the correct answer. Choice C- Is an economic factor. Choice D- Corruption and bribery is a part of government idealogy and policies thus is a political factor. Reference: LO-1.2; Page 55; Use of STEEPLED analysis to explain the factors driving globalization
NEW QUESTION # 28
Ruben is a new Procurement Manager at XYZ Company. He has been charged with buying a new piece of machinery for a factory. Having looked at several options, and considered sustainability, he has opted to buy the more expensive piece of machinery.
In terms of sustainability, why might he have made this choice?
- A. The higher priced item will be of better quality
- B. The more expensive piece of equipment will be more environmentally friendly
- C. The higher priced item is from a more reputable company
- D. In terms of life-cycle costing the more expensive item may be cheaper in the long term
Answer: D
Explanation:
This question is testing if you know about Whole Life Cycle Costing. You'll have come across this already at level 4 (module 7). It's a big part of sustainability. See p.14 for a quick recap on this. In terms of this question, even if you don't remember life-cycle costing, options 1 2 and 4 can't be right- we don't have information in the question that tells us that the higher priced item is better quality, from a reputable company or environmentally friendly- we just don't know based on the information we've been given so these answers can't be right.
NEW QUESTION # 29
McKesson is a leading healthcare company specializing in wholesale medical supplies and equipment, pharmaceutical distribution, and healthcare technology solutions. Recently, public hospitals placed an urgent request for medical supplies. Which of the following is NOT a method for identifying urgent orders?
- A. Develop a standardized order policy to manage urgent requests, including appropriate cost allocation
- B. Identify strategically important customers and leverage goodwill for commercial renegotiations
- C. Establish economic order quantities (EOQ) based on profit margins
- D. Assess supply chain capability
Answer: C
Explanation:
The correct answer is Option B. A company should establish a minimum order quantity (MOQ) rather than an economic order quantity (EOQ) based on profit margin. MOQ is the minimum order amount set by a supplier or retailer, whereas EOQ determines the optimal order quantity to meet customer demand while minimizing holding and ordering costs.
Reference: LO-1.4; Page 113; Demand Management and the need for urgent orders
NEW QUESTION # 30
......
The software version of the L5M5 exam reference guide is very practical. This version has helped a lot of customers pass their exam successfully in a short time. The most important function of the software version is to help all customers simulate the real examination environment. If you choose the software version of the L5M5 Test Dump from our company as your study tool, you can have the right to feel the real examination environment. In addition, the software version is not limited to the number of the computer. So hurry to buy the L5M5 study question from our company.
L5M5 Exam Guide: https://www.actualtestsquiz.com/L5M5-test-torrent.html
If you want to purchase reliable & professional exam L5M5 study guide materials, you go to right website, CIPS L5M5 Cert First and foremost, it supports any electrical devices for use, ActualTestsQuiz L5M5 Exam Guide Success is nothing more than achieving your desired objectives and these are the most helpful tools of getting success, Our L5M5 exam preparation materials are not the cheapest, but we are the highest cost-effective, accuracy materials to overcome our competitors.
In addition, unless you pay for WordPress premium features, your readers will occasionally L5M5 see Google text ads on your blog these ads help fund the free accounts from WordPress) You can download the WordPress system free from WordPress.org.
Pass Your CIPS L5M5 Exam with Complete L5M5 Cert: Managing Ethical Procurement and Supply (L5M5) Efficiently
Keep Your App Simple, If you want to purchase reliable & professional Exam L5M5 Study Guide materials, you go to right website, First and foremost, it supports any electrical devices for use.
ActualTestsQuiz Success is nothing more than achieving Reliable L5M5 Test Bootcamp your desired objectives and these are the most helpful tools of getting success, Our L5M5 exam preparation materials are not the cheapest, Reliable L5M5 Test Bootcamp but we are the highest cost-effective, accuracy materials to overcome our competitors.
Our L5M5 learning guide provides a variety of functions to help the clients improve their learning.
2025 Latest ActualTestsQuiz L5M5 PDF Dumps and L5M5 Exam Engine Free Share: https://drive.google.com/open?id=1aUPE2JpFqxa3PO7kOlzOfHmt2sDed4Jc
