Free CIPS L5M5 Exam Dumps Questions & Answers

Santino is a procurement manager at ABC Ltd. He manages a contract with a supplier. The relationship is characterised by both companies seeking advantages at the expense of the other. What type of relationship does Santino have with his supplier?

• A.  Partnership
• B.  Closer tactical
• C.  Transactional
• D.  Adversarial

Which organisation is an intergovernmental economic body with the purpose of stimulating economic progress and world trade?

• A.  OECD
• B.  WTO
• C.  ILO
• D.  UN

Porter's concept of "Creating Shared Value" combines CSR with what other action?

• A.  Philanthropy
• B.  Economics
• C.  Philosophy
• D.  Marketing

The UK has introduced several pieces of legislation relevant to CSR. Which legislation ensures that employers keep their workers safe?

• A.  Companies Act 2006
• B.  Disability Discrimination Act 1995
• C.  Working Time (Amendment) Regulations 2001
• D.  Health and Safety at Work Act 1974

Supply forecasting investigates the company's demand for an item, including current and projected demand categorised by industry and product end use. Is this statement TRUE?

• A.  No - supply forecasting collects data about current suppliers and trends that might affect supply
• B.  Yes - it is used by all companies within the supply chain
• C.  Yes - it gathers information about supply and demand
• D.  No - supply forecasting provides a prediction of short and long-term prices and trends