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L5M5 Dumps - Managing Ethical Procurement and Supply Practice Exam Questions

CIPS L5M5 - Managing Ethical Procurement and Supply Braindumps

CIPS L5M5 - CIPS Level 5 Advanced Diploma in Procurement and Supply Practice Exam

  • Certification Provider:CIPS
  • Exam Code:L5M5
  • Exam Name:Managing Ethical Procurement and Supply Exam
  • Total Questions:89 Questions and Answers
  • Updated on:Oct 12, 2025
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L5M5 Question and Answers

Question # 1

Which of the following are tools that a company can use to improve ethics and sustainability across the supply chain? Select THREE

Options:

A.  

Benchmarking

B.  

Supplier Preferencing

C.  

Supply Chain Mapping

D.  

On-Site Audits

E.  

Cost Analysis

Discussion 0
Question # 2

Samir is the Project Manager of a large construction project. Due to the complexity of the build, the main contractor has employed specialist subcontractors. What is the disadvantage of using subcontractors for this work?

Options:

A.  

Increased costs

B.  

Lower quality of work

C.  

Less control

D.  

Compliance with the law

Discussion 0
Question # 3

What is a monopsony?

Options:

A.  

There is only one supplier of a good

B.  

There is only one buyer of a good

C.  

There is only one product available in the market

D.  

There is only one market to sell the good in

Discussion 0

PDF vs Software Version

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