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CIPS Exam L4M2 Topic 2 Question 33 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 33
Topic #: 2
[All L4M2 Questions]

The procurement team of a global supermarket has created a business case for a corporate social responsibility (CSR) sourcing strategy to meet the corporate objective of sustainability. This would require sourcing only from suppliers who meet ethical standards, a reduction in plastic, and using recycled material where possible. Which of the following business benefits would be mentioned in the business case? Select TWO that apply:

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Suggested Answer: B

Those items make up small portion of spend and the supply risk is low. So it is tactical item according to Kraljic portfolio matrix. Procurement should bundle these items into larger contracts, simplify procurement process.

LO 2, AC 2.1


by Arthur at Apr 28, 2024, 05:23 AM

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Kristian
17 hours ago
I agree with Ryann. I also think D) Improved brand equity would be mentioned as a business benefit.
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Ryann
2 days ago
I think A) Fulfilment of a business objective would be mentioned in the business case.
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Freida
4 days ago
Reduced cost could also be a significant benefit, as using recycled materials can lead to cost savings.
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Cyril
7 days ago
I agree with Mona. D) Improved brand equity would also be a key benefit mentioned.
upvoted 0 times
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Xenia
8 days ago
A business case for a CSR sourcing strategy should definitely mention improved brand equity (D) as a key benefit. Customers these days really care about sustainability and ethical practices.
upvoted 0 times
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Mona
11 days ago
I think A) Fulfilment of a business objective would be mentioned in the business case.
upvoted 0 times
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