CIPS Exam L4M8 Topic 4 Question 30 Discussion

Actual exam question for CIPS's L4M8 exam

Question #: 30
Topic #: 4

Research the ethical standard or accreditation of an industry with which you are familiar.

AExplanation:
If a supplier is accredited or is a member of an association that promotes good ethical conduct, a statement to this effect is likely to be featured on its company documentation. This could be in a form of letters after the organization name or the authorized use of logo.
Accreditation information should be verified by procurement professionals either asking organiza-tion for certification to prove membership or accreditation or checking on a professional register.
Below are associated bodies that form some industries.
1. ISO 14001 -- for quality management
2. CIPS -- for procurement and Supply
3. Red Tractor -- NGO Registered in the UK, promoting human right
4. Amnesty International -- human right
5. Carbon Trust -- For Carbon neutral status.
*
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Suggested Answer: A

by Fabiola at Mar 17, 2024, 07:20 AM

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Rodney

2 days ago

I think it's important to research the ethical standards of an industry.

upvoted 0 times

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