Question 1

Which of the following encourages procurement professionals to avoid discrimination, treat suppliers fairly and respectfully and a transparent approach to sourcing?

Options :

A : Charter of Fundamental Rights of the European Union

B : Bribery Act 2010

C : Corporate social responsibility policies

D : CIPS Code of Conduct

Answer: D

Question 2

A procurement professional is sourcing a strategic item for her company. Which of the following should be done before contract award? Select TWO that apply.

Options :

A : Testing and installation

B : Supplier pre-qualification

C : Supplier performance evaluation

D : Market analysis

E : Asset disposal

Answer: B,D

Question 3

Which of the following are the sustainability KPIs that can be used to monitor the supplier? Select TWO that apply.

Options :

A : Measurement of waste sent to landfill

B : Value of spend avoided by pre-emptive action

C : Supplier is proactive in managing its relationship

D : Consumption of energy on an annual basis

E : Reduction in number of invoices

Answer: A,D

Question 4

Manufacturer A specializes in producing leather shoes in Bangladesh. According to their cost breakdown, leather is supposed to make up the largest expense of their raw materials. Furthermore, Manufacturer A requires a high-quality standard on leather with bespoke specifications. What is most likely suitable for leather sourcing?

Options :

A : In-sourcing

B : Strategic sourcing

C : Tactical sourcing

D : Reactive sourcing

Answer: B

Question 5

Which of the following is the best description of in-sourcing?

Options :

A : To source goods or services from companies which belong to the same group

B : A private network within an organisation or group of organisations

C : To bring a function of activities back in-house after previously being outsourced

D : To source goods or services from functions within a company or an organisation

Answer: C

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