CIPS L4M8 Procurement and Supply in Practice Exam Practice Test

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Total 104 questions

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Question 1

What effect is technology having on jobs within an organization with which you are familiar with?

AExplanation:
With the ever developing use of technology, organizations are often under pressure to keep up with numerous technological advances. Jobs could be created in line with technology. Advances in technology can also results in lack of requirement for human impact and as such, jobs could be lost. Though it can help save time and retain bulk files in no space.

Answer : A

Question 2

What effect is technology having on jobs within an organization with which you are familiar with?

AExplanation:
Refer to the question column for response

Answer : A

Question 3

Explain the concept of the 3Ps/TBL and how it can be used by an organization.

AExplanation:
Trying to measure how sustainable an organization was used to be challenging undertaking. How-ever, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured. This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example;
Profit: A packaging manufacturer reinventing its profits in a State- of-the-art recycling machinery for it wasted cardboard.
People: A large privately owned call center donate its end of life computers to a local youth clubs and social groups to help gain internet cases.
Planet: A driving instructors using only hybrid vehicles to teach her learners, thus to reducing Co2 emission.
The TBL, although a useful tool, is simply a way of recording how sustainable an organization is. Alone, it does not contribute towards any improvements or generate any actions promoting a more favorable, sustainable outlook. Objectives should be set in relation to what the 3Ps show and then monitored by implementing KPIs or other measuring methods.

Answer : A

Question 4

Explain the concept of the 3Ps/TBL and how it can be used by an organization.

Answer : A

Question 5

What are the 3Ps in the triple bottom line.

AExplanation:
Trying to measure how sustainable an organization was use to be challenging undertaking. However, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured. This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example;
Profit: A packaging manufacturer reinvesting its profits in State- of-the-art recycling machinery for it wasted cardboard.
People: A large privately owned call centre donate its end of life computers to a local youth clubs and social groups to help gain internet cases.
Planet: A driving instructors using only hybrid vehicles to teach her learners, thus to reducing Co2 emission.

Answer : A

Question 6

What are the 3Ps in the triple bottom line.

Answer : A

Question 7

What is Iso 14001?

AExplanation:
14001 set out as international standards for an environmental management system.

Answer : A