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CIPS L3M5 Exam Questions
- Topic 1: Understand the Concepts of Sustainability and Corporate Social Responsibility (CSR): This topic evaluates how well CIPS procurement professionals grasp sustainability and CSR. It includes defining sustainability's role in procurement, understanding the importance of CSR, and integrating these principles into practices to enhance ethical and efficient procurement.
- Topic 2: Understand the Environmental Impact of Procurement and Supply: This CIPS L3M5 topic measures the ability of CIPS procurement professionals to assess and address environmental impacts within procurement processes. It covers the effects of procurement on environmental sustainability, the impact of transportation and storage, and governmental roles in environmental advocacy.
- Topic 3: Know the Implications of CSR for the Procurement and Supply Function: Here, the focus of the CIPS Socially Responsible Procurement exam is on how CSR influences procurement practices. It includes adopting CSR-supportive practices, applying the triple bottom line in procurement, and using metrics to measure and report on sustainability effectively.
- Topic 4: Understand Methods to Monitor Corporate Social Responsibility (CSR) in Procurement and Supply: This topic of the CIPS L3M5 exam assesses proficiency in CSR monitoring within procurement. It involves understanding key methods for ensuring CSR compliance, crucial for maintaining responsible procurement and demonstrating commitment to ethical standards.
Free CIPS L3M5 Exam Actual Questions
Note: Premium Questions for L3M5 were last updated On Jan. 20, 2025 (see below)
Approximately what percentage of costs, of running heavy goods vehicles (HGVs), is accounted for by fuel costs?
The correct answer is roughly one-third, or 33%.
This means that fuel costs are very important to road haulage firms, and alternative means of either transportation or power for trucks would be desirable, both to reduce costs and to aid the environ-ment.
Using your learning and your experience, what do you think the other main costs are of running a heavy goods vehicle fleet? I'll leave you to come up with some of the key areas yourself.
(L3M6)
The principle that organisations responsible for creating pollution should be made financially liable for remedial action, is called:
Polluter pays
Approximately what percentage of costs, of running heavy goods vehicles (HGVs), is accounted for by fuel costs?
The correct answer is roughly one-third, or 33%.
This means that fuel costs are very important to road haulage firms, and alternative means of either transportation or power for trucks would be desirable, both to reduce costs and to aid the environ-ment.
Using your learning and your experience, what do you think the other main costs are of running a heavy goods vehicle fleet? I'll leave you to come up with some of the key areas yourself.
(L3M6)
'ISO' stands for:
International Organisation for Standardization, sometimes known as 'International Standards Or-ganization'.
'Many XXX of creatures are becoming extinct, or are suffering steep decline in numbers. The diver-sity of XXX is necessary for the functioning of ecosystems, and in some cases endangered XXX contribute to the human food chain (eg honey bees)...'
The word which fits best is 'species'.
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