Latest Managing Ethical Procurement and Supply (L5M5) exam pdf, L5M5 practice exam

The CIPS job market has become so competitive and challenging. To stay competitive in the market as an experienced IT professional you have to upgrade your skills and knowledge with the Managing Ethical Procurement and Supply (L5M5) (L5M5) certification exam. With the L5M5 exam dumps you can easily prove your skills and upgrade your knowledge. To do this you just need to enroll in the Managing Ethical Procurement and Supply (L5M5) (L5M5) certification exam and put all your efforts to pass this challenging CIPS L5M5 exam with good scores.

There are many other advantages. To gain a full understanding of our product please firstly look at the introduction of the features and the functions of our L5M5 exam torrent. The page of our product provide the demo and the aim to provide the demo is to let the you understand part of our titles before their purchase and see what form the software is after the you open it. The client can visit the page of our product on the website. So the client can understand our L5M5 Quiz torrent well and decide whether to buy our product or not at their wishes. The client can see the forms of the answers and the titles.

>> Reliable L5M5 Test Cost <<

CIPS L5M5 Questions [2025]

In order to let you understand our products in detail, our L5M5 test torrent has a free trail service for all customers. You can download the trail version of our L5M5 study torrent before you buy our products, you will develop a better understanding of our products by the trail version. In addition, the buying process of our L5M5 Exam Prep is very convenient and significant. You will receive the email from our company in 5 to 10 minutes after you pay successfully; you just need to click on the link and log in, then you can start to use our L5M5 study torrent for studying.

CIPS Managing Ethical Procurement and Supply (L5M5) Sample Questions (Q118-Q123):

NEW QUESTION # 118
Which of the following strategies is primarily designed to lower business costs while also considering social and environmental impacts?

A. Cutting Workforce Salaries
B. Increasing Product Prices
C. Value Engineering
D. Outsourcing

Answer: C

Explanation:
Choice B- Value engineering is a structured approach to improving the value of products or services by analyzing their functions. It aims to reduce costs without sacrificing quality, thereby enhancing overall efficiency. It reviews and amends new products like reworking or developing new processes so that fewer raw materials are used or wasted in production of goods. This method encourages innovation and sustainability, often leading to more environmentally friendly processes and materials, and can also foster positive social outcomes by improving product design and usability.
Incorrect answer:
Choice A- Outsourcing involves contracting third-party companies to handle certain business functions or processes. While it can reduce costs by utilizing cheaper labor or specialized services, it often does not address social or environmental impacts. In some cases, outsourcing can lead to negative consequences, such as job losses in the local economy or reliance on suppliers with poor labor practices.
Choice C- Increasing product prices is a straightforward way to improve profit margins, but it does not reduce costs. In fact, this strategy can alienate customers, especially in competitive markets. Additionally, it may not have any direct impact on social or environmental considerations, and could potentially lead to decreased accessibility for consumers.
Choice D- Cutting salaries is a short-term cost-saving measure that can severely impact employee morale, loyalty, and productivity. While it may reduce costs temporarily, it often leads to higher turnover rates and loss of skilled workers. This strategy can have negative social impacts on the workforce and may ultimately harm the company's reputation and long-term sustainability.
Reference:
LO-1.1; Page 28-29; The risks and rewards of adopting ESG considerations in securing ethical and sustainable procurement and supply arrangements

NEW QUESTION # 119
A discrimination claim has been filed against ASDA Stores Ltd, a leading UK retailer. The claimant alleges discrimination based on skin color and religion, violating the Equality Act 2010. If the claim is successful, what is the maximum compensation award?

A. 90 days' pay per employee
B. No limit
C. £20,000 per worker
D. £10,000 only

Answer: B

Explanation:
Choice D- For a breach of Equality Act 2010, there is no limit on the award of compensation in a discrimination claim. Thus is the correct answer.
Incorrect answer:
Choice A - 90 days' pay per employee is an award relating to dismissal on grounds of redundancy not discrimination.
Choice B - The average award for unfair dismissal is around £10,000 only not discrimination.
Choice C -The maximum penalty that employers had to pay for non-compliance with national living wage law is £20,000 per worker, which is not concerned with discrimination.
Reference:
LO-1.3; Page 40; Role of EDI in securing ethical and sustainable procurement and supply arrangements

NEW QUESTION # 120
A small tech startup (Startup A) is negotiating a partnership with a large corporation (Corp B). Corp B proposes to cover 80% of the development costs but requires Startup A to assume 90% of the risk in the event of product failure.
What is the most significant issue with Corp B's proposal in this negotiation?

A. The partnership will likely lead to profit-sharing conflicts later
B. Corp B is offering a higher percentage of funding than Startup A
C. The risk is disproportionately shared, placing an unfair burden on Startup A
D. Startup A will have limited control over the development process

Answer: C

Explanation:
Choice C- This is the correct answer. It highlights the main issue: Startup A is being asked to take on a significantly higher level of risk compared to their financial contribution, which is unfair and could lead to negative consequences for the startup.
Incorrect answer:
Choice A- While this statement is true, it doesn't address the core issue of risk distribution. Just because Corp B is contributing more funding doesn't justify imposing a heavier risk burden on Startup A.
Choice B- This option touches on potential control issues in the partnership. However, the primary concern in this scenario is not about control, but rather the fairness of the risk-sharing arrangement.
Choice D- While profit-sharing conflicts could arise from the arrangement, this option does not directly address the unfairness of the risk-sharing proposal. The primary problem lies in the unequal distribution of risk rather than potential future conflicts.
Reference:
LO-1.4; Page 130; Responsible use of power relationships

NEW QUESTION # 121
The ILO's fundamental principles and rights at work are binding on which countries?

A. Only those that have ratified the ILO conventions
B. All member states of the ILO
C. Only developed countries
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 uphold 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 # 122
Global sourcing often increases carbon emissions due to the long distances goods must travel. Which of the following strategies can help reduce this environmental impact?

A. Sourcing from multiple distant suppliers to ensure competitive pricing
B. Increasing reliance on air freight for faster delivery
C. Focusing exclusively on sourcing from local markets regardless of cost
D. Consolidating shipments to reduce the number of trips made

Answer: D

Explanation:
Choice B- Consolidating shipments means combining multiple orders into fewer deliveries, which reduces the total number of trips required. This approach leads to lower carbon emissions per unit of goods transported and enhances efficiency in logistics. Thus is the correct answer.
Incorrect answer:
Choice A- Using air freight can actually increase carbon emissions significantly compared to other transportation methods like shipping or rail. While it may expedite delivery, it is one of the most environmentally harmful ways to transport goods over long distances.
Choice C- While this strategy may help in achieving lower costs, it can increase carbon emissions due to the greater number of shipments required. Sourcing from many distant suppliers often leads to less efficient logistics and higher environmental impact.
Choice D- Although sourcing locally can significantly reduce transportation-related emissions, focusing solely on local markets may not always be practical or cost-effective. It can limit access to certain products, materials, or pricing advantages that global sourcing might provide. A balanced approach considering both environmental impact and cost is often necessary.
Reference:
LO-1.2; Page 79; ESG considerations in global sourcing

NEW QUESTION # 123
......

The CIPS L5M5 certification exam offers a great opportunity for CIPS professionals to demonstrate their expertise and knowledge level. In return, they can become competitive and updated with the latest technologies and trends. To do this they just need to enroll in Managing Ethical Procurement and Supply (L5M5) (L5M5) certification exam and have to put all efforts and resources to pass this challenging L5M5 exam. You should also keep in mind that to get success in the CIPS L5M5 exam is not an easy task.

L5M5 New Braindumps Questions: https://www.pdfvce.com/CIPS/L5M5-exam-pdf-dumps.html

CIPS Reliable L5M5 Test Cost Trust us and you will get what you are dreaming, This helps you save your money and time as the actual Managing Ethical Procurement and Supply (L5M5) L5M5 certification exam costs a high fee, CIPS Reliable L5M5 Test Cost How to begin your journey, L5M5 learning materials cover most of knowledge points for the exam, and you can master them as well as improve your professional ability in the process of learning, We have free update for 365 days if you buying L5M5 exam materials, the update version for L5M5 exam cram will be sent to your email automatically.

Setting Up a Fax Server, Alteration in mobility, Trust us and you will get what you are dreaming, This helps you save your money and time as the actual Managing Ethical Procurement and Supply (L5M5) L5M5 Certification Exam costs a high fee.

Real CIPS L5M5 PDF Questions [2025]-Secret To Pass Exam In First Attempt

How to begin your journey, L5M5 learning materials cover most of knowledge points for the exam, and you can master them as well as improve your professional ability in the process of learning.

We have free update for 365 days if you buying L5M5 exam materials, the update version for L5M5 exam cram will be sent to your email automatically.