CIPS Exam L4M8 Topic 6 Question 47 Discussion

Actual exam question for CIPS's L4M8 exam

Question #: 47
Topic #: 6

Why is it important to keep ethical codes of practice up to date?

AExplanation:
A code of ethics is a set of morals and principle set out by an organization to state what it deems to be acceptable conduct and behavior
An ethical code of practice is a continually changing and developing document with society changing and different suppliers coming to market, the document has to remain current
Suppliers should continually monitor their codes of ethics to ensure that;
1. They are looking after the interest of the supply chain
2. That potential customers can be reassured that they are conforming to the required regulation, e.g. ISO 14001.
Ethical code of conduct should be constantly monitored and updated in accordance with the changes organization faces. This include 1) Define (2) prevent (3) detect (4) reprove (5) evaluate.

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Suggested Answer: A

by Janae at Sep 15, 2024, 04:34 AM

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Ailene

27 days ago

I agree. It's like keeping your wardrobe fresh - you can't rock the same old outfit forever. Gotta stay ahead of the curve, right?

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Keneth

28 days ago

Absolutely! With new suppliers and regulations emerging, it's vital to update the ethical code to protect the interests of the supply chain. It's like a perpetual game of catchup!

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2 months ago

I think it's important to keep ethical codes up to date because society is always changing.

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