Free L3M2 Questions for CIPS Ethical Procurement and Supply L3M2 Exam as PDF & Practice Test Engine
The abbreviation 'PDCA' represents the words:
Correct Answer: A
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The act of secretly and illegally stealing funds which have been placed in the individual's trust, or money belonging to a person's employer:
Correct Answer: B
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The time between recognition / origin of the need; through to usage or consumption is described as:
Correct Answer: D
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'A product will not survive commercially unless it satisfies XXXX needs'. Which one of the follow-ing is the most important fit for XXXX?
Correct Answer: A
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'EBI' stands for:
Correct Answer: B
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A situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity, is called:
Correct Answer: B
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The act of secretly and illegally stealing funds which have been placed in the individual's trust, or money belonging to a person's employer:
Correct Answer: B
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'Reputation gained through proficiency, ability or achievement' (as used in the CIPS Code of Con-duct)
Correct Answer: D
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A term used to describe preparatory activities undertaken after a contractor has been appointed, but before they have commenced work. Often used in projects, construction or management consultan-cy
Correct Answer: A
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You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier's representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team. What do you do?
Correct Answer: A
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