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CIPS Exam L4M8 Topic 4 Question 30 Discussion

Actual exam question for CIPS's L4M8 exam

Question #: 30
Topic #: 4

[All L4M8 Questions]

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.
*
Refer to the question column for response

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Suggested Answer: A

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

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Willetta

5 months ago

I think it's worth verifying accreditations to ensure that the supplier upholds ethical values.

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Lashaunda

5 months ago

True, accreditation from organizations like CIPS or Carbon Trust can also show dedication to ethical standards.

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Verda

5 months ago

For example, being a member of ISO 14001 could indicate a commitment to quality management.

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Willetta

5 months ago

I believe checking if a supplier is accredited can give us assurance of their ethical conduct.

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Lashaunda

5 months ago

Yes, I agree. It's crucial to ensure that the supplier we are working with follows ethical practices.

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Verda

6 months ago

I think it's important to research the ethical standard of the industry we are dealing with.

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Jennie

6 months ago

Supporting organizations like Amnesty International and Carbon Trust is essential for promoting human rights and sustainability.

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Herminia

6 months ago

It's crucial for procurement professionals to verify accreditation to ensure ethical sourcing.

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Rodney

6 months ago

I always check for accreditation information before choosing a supplier.

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Jennie

6 months ago

I agree, organizations like ISO 14001 and Red Tractor promote good practices.

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Herminia

7 months ago

Yes, knowing if a supplier is accredited can help ensure ethical conduct.

upvoted 0 times

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Rodney

7 months ago

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

upvoted 0 times

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