Discuss CIPS L5M5 Exam Topic 3 Question 17

Labour standards facilitate international trade and there are international regulations to secure this. Is this statement TRUE?

AYes -- labour standards are regulated by the UN and other multi-national bodies

BYes -- there is a minimum labour standard governing pay and conditions

CNo -- labour standards vary from country to country

DNo -- no countries have established labour standards

Suggested Answer: C

Comprehensive and Detailed Explanation From Exact Extract of Documents:

The correct answer is that labour standards vary from country to country. According to the L5M5 study guide (p.85), while international conventions exist (e.g., ILO conventions), there is no single binding international law regulating labour standards across all nations. Instead, each country enforces its own rules regarding wages, hours, and working conditions. Some countries have strict protections, while others may have weak or poorly enforced standards. Therefore, procurement professionals must apply due diligence and supplier audits when sourcing internationally, as ethical risks arise in jurisdictions with lower labour protections.

Reference: Managing Ethical Procurement and Supply (L5M5) Study Guide, p.85

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12 comments · newest first

Antonio 2 months ago

I lean towards C). Standards really do vary a lot.

Elfriede 3 months ago

I agree, but B) is also valid. Minimum standards exist.

Cortney 3 months ago

I think it's true. A) makes sense.

Deonna 3 months ago

Really? I thought no one followed those standards.

Deonna 3 months ago

Totally agree with A! It's important for fair trade.

Rory 3 months ago

C) No -- labour standards vary from country to country

Misty 4 months ago

B) Yes -- there is a minimum labour standard governing pay and conditions

Izetta 4 months ago

A) Yes -- labour standards are regulated by the UN and other multi-national bodies

Lashanda 4 months ago

D seems too extreme; I thought there were at least some established standards, but I can't remember the details.

Dorthy 4 months ago

I feel like C makes sense since different countries have different laws, but I also recall some international agreements.

Tonja 4 months ago

I remember discussing minimum labour standards in class, so B could be a strong option, but I’m not confident about the specifics.

Geraldo 4 months ago

I think the answer might be A, but I'm not entirely sure if the UN has direct regulations on labour standards.

CIPS L5M5 Exam - Topic 3 Question 17 Discussion