PASS GUARANTEED QUIZ 2025 CIPS L5M5–TRUSTABLE CHEAP DUMPS

Pass Guaranteed Quiz 2025 CIPS L5M5–Trustable Cheap Dumps

Pass Guaranteed Quiz 2025 CIPS L5M5–Trustable Cheap Dumps

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Tags: L5M5 Cheap Dumps, L5M5 Book Pdf, L5M5 Brain Dumps, L5M5 Certification Test Questions, Exam L5M5 Materials

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Studying from an updated practice material is necessary to get success in the CIPS L5M5 certification test on the first try. If you don't adopt this strategy, you will not be able to clear the Managing Ethical Procurement and Supply (L5M5) (L5M5) examination. Failure in the Managing Ethical Procurement and Supply (L5M5) (L5M5) test will lead to loss of confidence, time, and money. Don't worry because "2Pass4sure" is here to save you from these losses with its updated and real CIPS L5M5 exam questions.

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An Managing Ethical Procurement and Supply (L5M5) (L5M5) practice questions is a helpful, proven strategy to crack the CIPS L5M5 exam successfully. It helps candidates to know their weaknesses and overall performance. 2Pass4sure has hundreds of Managing Ethical Procurement and Supply (L5M5) (L5M5) exam dumps that are useful to practice in real time. The CIPS L5M5 practice questions have a close resemblance with the actual L5M5 exam.

CIPS Managing Ethical Procurement and Supply (L5M5) Sample Questions (Q37-Q42):

NEW QUESTION # 37
A group of small-scale coffee farmers in a rural village has been receiving the Fairtrade Premium for their products. During a recent community meeting, they discuss how to allocate the premium funds for the upcoming year. Which of the following projects would best align with the principles of the Fairtrade Premium in addition to the fair trade price?

  • A. Using the funds to subsidize private education for the children of the wealthiest farmers
  • B. Investing in building a community health clinic to improve access to healthcare for all villagers
  • C. Allocating the funds to one farmer to expand their personal farming business
  • D. Distributing the funds equally among the farmers to use as they see fit

Answer: B

Explanation:
Choice B- This option aligns with the principles of Fair Trade, as the premium is intended to support projects that benefit the community as a whole, fostering development and sustainability.
Incorrect answer:
Choice A- While this might seem fair at first glance, the Fairtrade Premium is not meant for personal distribution. Its purpose is to fund collective projects that benefit the entire community, such as infrastructure, education, or health initiatives.
Choice C- This option does not align with the principles of equity and inclusivity. Fair Trade encourages using the premium to benefit the entire community, particularly the most vulnerable and marginalized groups, rather than focusing on individuals who are already advantaged.
Choice D- Providing funds to a single farmer for personal business expansion is not in line with the collective approach of Fair Trade. The premium is intended to address community-wide challenges and improve the shared resources and infrastructure for all.
Reference:LO-3.3; Page 305; Fairtrade standards that affect the workplace and producers and their implications for procurement and supply


NEW QUESTION # 38
The Global Compact Principles of the UN are legally binding for the member states who have signed up. Is this TRUE?

  • A. Yes- reports must be filed regularly on process
  • B. Yes - it is voluntary to join, but it is legally binding once signed up
  • C. No- it is not legally binding and there is no requirement to publish any progress reports
  • D. No- it is voluntary to join and not legally binding

Answer: D

Explanation:

Reference: LO-3.1; Page 257; The role of the UN and ILO in pursuing improved ESG and Ethical standards


NEW QUESTION # 39
The Rampal Power Station, a 1320 MW coal-fired power plant, has recently faced accusations of poor health and safety standards in the workplace. Workers have reported being forced to work without safety masks, exposing them to air pollution. If Rampal Power Station fails to improve its health and safety standards, which of the following is the most likely primary consequence?

  • A. Complexity in calculating insurance coverage
  • B. Acquisition of poor quality materials from suppliers
  • C. Destruction of the environment
  • D. Loss of reputation

Answer: D

Explanation:
Choice B - Loss of reputation and damage to brand is a primary consequence of poor safety standards in the workplace for the power plant.
Incorrect answer:
Choice A - This option suggests that poor health and safety standards might lead to a decrease in the quality of materials sourced. While safety issues can affect worker performance and productivity, they do not directly relate to the quality of materials acquired from suppliers. Poor health and safety standards are more likely to impact employee morale and retention rather than the procurement process.
Choice C -Environmental effect is an indirect consequence for Rampal power plant but more so to the locals living there and natural habitat. If health and safety standards are not improved, it could lead to environmental issues, but this would be a broader consequence rather than a primary one related to workplace conditions.
Choice D-Although in cases of workers injury or death, calculating insurance would be complex, as not all injury and health related costs are covered by insurance, like sick pay, lost time, fines etc. But this is more of a secondary internal challenge and not a primary consequence of the power plant.
Reference:
LO-1.3; Page 99-100; Health and safety standards


NEW QUESTION # 40
The ILO's fundamental principles and rights at work are binding on which countries?

  • A. Only developed countries
  • B. All member states of the ILO
  • C. Only those that have ratified the ILO conventions
  • D. Only countries with high labor standards

Answer: B

Explanation:
Choice B- This is the correct answer. The International Labor Organization (ILO) requires all member states to copyright its fundamental principles and rights at work, even if they have not ratified the specific conventions associated with these principles. These fundamental principles are part of the ILO Declaration on Fundamental Principles and Rights at Work (1998), which includes:
Freedom of association and the right to collective bargaining.
Elimination of forced or compulsory labor.
Abolition of child labor.
Elimination of discrimination in respect of employment and occupation.
When a country joins the ILO, it automatically accepts an obligation to respect, promote, and realize these fundamental principles, regardless of whether it has formally ratified the associated conventions. This reflects the ILO's commitment to promoting universal labor standards and protecting workers' rights globally.
Incorrect answer:
Choice A- This is incorrect because the fundamental principles apply to all member states, not just those that ratified specific conventions.
Choice C- The principles are universal and apply to all member states, regardless of economic status.
Choice D- Even countries with weak labor standards are obligated to promote these principles as ILO members. So, this is not the answer.
Reference:
LO-3.1; Page 248-249; Standards set by the United Nations (UN) and the International Labor Organization (ILO)


NEW QUESTION # 41
Which framework is designed to promote ethical labor practices and social responsibility in global supply chains, addressing issues such as worker rights, health and safety, and fair wages?

  • A. OECD (Organization for Economic Co-operation and Development)
  • B. SA8000
  • C. ETI (Ethical Trading Initiative)
  • D. WIETA (Wine and Agricultural Ethical Trading Alliance)

Answer: C

Explanation:
Option A- The Ethical Trading Initiative (ETI) is a UK-based organization that works to improve the working conditions in global supply chains by promoting ethical labor practices. It provides guidelines and a platform for businesses to commit to ensuring workers' rights are upheld, including fair wages, safe working conditions, and the elimination of child labor and forced labor.
Incorrect answer:
Option B- While WIETA (Wine and Agricultural Ethical Trading Alliance) focuses on improving conditions within the South African wine industry, it is more specific to that sector and geography.
Option C- SA8000 is a certification standard for social accountability that focuses on labor rights but is not a framework or initiative aimed at ethical trading across industries.
Option D- The OECD (Organization for Economic Co-operation and Development) provides guidelines on responsible business conduct, but it is broader in scope and not solely focused on labor practices within supply chains.
Reference:
LO-3.1; Page 260-262; Labor codes of conduct: Ethical Trading Initiative (ETI) and Social Accountability International's standard SA8000


NEW QUESTION # 42
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