CIPS Exam L4M8 Topic 10 Question 33 Discussion

Actual exam question for CIPS's L4M8 exam

Question #: 33
Topic #: 10

Research the ethical standard or accreditations 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 Howard at May 01, 2024, 04:41 PM

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6 months ago

Did anyone else find the question about industry ethical standards difficult?

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