Free Access to CIPS.L5M5.v2025-11-24.q71 with Valid Practice Test (Page 12)

Question 51

As a procurement manager with a focus on sustainability, your objective is to develop KPIs that assess the environmental impact of your suppliers and demonstrate their commitment to eco-friendly practices. What key performance indicators would be most effective in measuring these impacts?

A.The ratio of recycled materials used in production versus virgin materials
B.The total number of products the supplier offers
C.The average response time to customer complaints
D.The percentage of shipments that are damaged during transit

Question 52

Green Book Ltd wants to include ESG measures in contracts. Which of the following is not an ESG performance measure?

A.Waste reduction
B.Social value
C.On time in full delivery
D.ED&I (Equality, Diversity & Inclusion)

Question 53

Which term describes non-binding recommendations that offer guidance on best practices?

A.Guidelines
B.Regulations
C.Directives
D.Statutes

Question 54

Which of the following best demonstrates how implementing ISO standards can result in direct cost savings?

A.Artificial intelligence for predictive customer behavior analysis
B.Enhancing brand image and reputation in the global market
C.Gaining new customers by showcasing compliance with international standards
D.Cloud-based document management systems for paperless operations

Question 55

Ben & Jerry's products feature a Fair Trade mark, demonstrating their commitment to ethical sourcing. Which of the following strategies do they use to uphold labor standards within their supply chain?

A.Offering higher prices for all ingredients, regardless of quality
B.Relying solely on self-reporting from suppliers about labor condition
C.Auditing and reporting on labor practices to ensure compliance
D.Implementing a policy that allows for flexibility in labor standards based on local laws

Question 51

Question 52

Question 53

Question 54

Question 55

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