Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIPS Exam L4M3 Topic 9 Question 21 Discussion

Actual exam question for CIPS's L4M3 exam
Question #: 21
Topic #: 9
[All L4M3 Questions]

Which of the following is regulated by standard ISO 14001?

Show Suggested Answer Hide Answer
Suggested Answer: A

Advantages of using fixed pricing arrangement are as below:

- Budget/income certainty - prices are fixed up front and should not change

- The impact of changes to the supplier's cost base is not fed through to the purchaser. If costs diminish, the supplier will benefit from this, and if costs rise, the purchaser will benefit


LO 3, AC 3.3

Contribute your Thoughts:

Gerald
3 hours ago
Hmm, I was leaning towards A. Energy management, but now I'm doubting myself. Gotta review my ISO standards again.
upvoted 0 times
...
Jackie
5 days ago
I'm pretty sure it's C. Environmental management. ISO 14001 is all about establishing and maintaining an environmental management system.
upvoted 0 times
...
Phil
5 days ago
That makes sense, but I still believe it's C) Environmental management because it specifically addresses environmental impact and sustainability.
upvoted 0 times
...
Glynda
6 days ago
I think it's A) Energy management because ISO 14001 focuses on environmental aspects related to energy use.
upvoted 0 times
...
Phil
9 days ago
C) Environmental management
upvoted 0 times
...

Save Cancel