Prepare L5M5 Exam with Using L5M5 Dump Questions

If you are serious about passing your CIPS L5M5 certification exam, practicing with L5M5 dumps questions is an essential step in your preparation process. These L5M5 dumps will help you assess your knowledge, identify your strengths and weaknesses, and improve your chances of passing the exam on the first try. So why wait? Start practicing today and give yourself the best possible chance of success! Test free L5M5 exam dumps questions below.

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1. Freedom Incorporated is a company based in the UK and have bought a new fleet of vehicles from South Korea.

Which of the following would be included in the 'Total Landing Costs' of this purchase? Select THREE

cost of motor insurance

delivery cost

currency conversion costs

disposal costs

import duties

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2. Which of the following will you put into box 6?

logistics issues

risks to Intellectual Property

lower infrastructure costs

affordable labour

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3. Which of the following will you put into box 3?

Demographics Driver

Economic Driver

Environmental Driver

Technology Driver

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4. ABC Construction is in a contract with DEF Developers to deliver the construction of 40 new houses on a new housing estate. There is a 'Payment is of the Essence clause' in the contract. They are halfway through the project and DEF Developers have failed to pay ABC Construction for the work already completed. ABC Construction have downed tools and walked off site.

Are they able to do this?

no- the contract has not been completed and therefore ABC must continue working

no- as long as payment is received at some point during the term of the contract ABC has no right to stop working

yes- ABC have the right to down tools as there has been a breach in contract

yes- it is a legal requirement to pay construction firms at regular intervals during a contract

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5. The main aim of the ILO is to promote rights at work and improve social protection. Is this TRUE?

yes- the ILO is an agency of the UN which deals with labour problems

yes- the ILO sets trade rules between nations

no- the purpose of the ILO is to increase international trade

no- the ILO was formed in 1975 to encourage globalisation

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6. Which of the following is an example of a closed-loop supply chain?

a clothing retailer donates 5% of the profits back to the suppliers

customers return packaging back to the shop

a food manufacturer is certified as fair trade

a supply chain has integrated technology to apply more accurate demand forecasts

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7. Which ISO Standard is most appropriate for CSR (Corporate Social Responsibility)?

ISO9001

ISO14000

ISO22000

ISO31000

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8. Which of the following are principles of the Wine and Agricultural Ethical Trade Association (WIETA)? Select THREE

prohibition of forced labour

working hours shall not be excessive

regular employment to be provided

a working environment free from risk

automatic sick pay

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9. People in the UK earn entitlements to Social Security through the payment of National Insurance. Under what circumstances are people provided payment? Select THREE

sickness

redundancy

retirement

change of job

marriage

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10. Which piece of UK Legislation includes for a provision for transparency in a company's supply chain?

Companies Act

Modern Slavery Act

Working Time Directive

Health and Safety at Work Act

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11. Which of the following will you put into box 5?

logistics issues

risks to Intellectual Property

lower infrastructure costs

affordable labour

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12. Ben is the CEO of a medium sized company based in the UK with an annual turnover of £20million. He has a small supply chain that comprises of suppliers based in the UK and China.

Must Ben produce an Anti-Slavery Statement for his business?

yes- it is compulsory for all companies in the UK

yes- it must be published on his website

no- this is not a legal requirement for his company

no- the government will produce this for him

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13. The Modern Slavery Act (2015) attempts to ensure that modern slavery, including child labour, is not found in supply chains.

Which of the following is a limitation of the Act?

It doesn't apply if your supply chain is outside the UK

It only applies to companies with a large turnover

It is optional to comply with

There are no repercussions for not following the Act

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14. A procurement team have run a tender to buy new office furniture. They have signified that cost is the most important factor of the purchase.

What is the main risk of this?

not receiving any bids

receiving too many bids

suppliers may sacrifice sustainability agenda

rushed tender process

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15. Patrick is a Category Manager and is procuring an item which has a high cost impact on production. There is vast competition in the marketplace and switching costs are very low.

According to the Kraljic Matrix, what type of supplier is this?

leverage

bottleneck

routine

strategic

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16. Sandra is the CEO of a manufacturing firm and is keen to introduce a CSR Policy, something which her company has not had previously. In a board meeting where the idea was discussed it was mentioned that employees may be resistant to a CRS Policy.

What would be the most likely reason for the resistance?

CSR Policies could signify reduced profits for the company

This may signify changes in the way the business operate

Lower stakeholder returns

Negative Publicity

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17. Which of the following will you put into box 7?

Cost Leadership

Cost Focus

Differentiation Focus

Differentiation

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18. Ruben is a new Procurement Manager at XYZ Company. He has been charged with buying a new piece of machinery for a factory. Having looked at several options, and considered sustainability, he has opted to buy the more expensive piece of machinery.

In terms of sustainability, why might he have made this choice?

The higher priced item will be of better quality

The higher priced item is from a more reputable company

In terms of life-cycle costing the more expensive item may be cheaper in the long term

The more expensive piece of equipment will be more environmentally friendly

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19. Samir is the Project Manager of a large construction project. Due to the complexity of the build, the main contractor has employed further specialist companies to provide electrical wiring and fire doors.

What is the disadvantage of using subcontractors for this work?

increased costs

lower quality of work

less control

compliance with the law

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20. The Global Compact Principles of the UN are legally binding for the member states who have signed up. Is this TRUE?

yes- reports must be filed regularly on process

yes- it is voluntary to join, but it is legally binding once signed up

no- it is voluntary to join and not legally binding

no- it is not legally binding and there is no requirement to publish any progress reports

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21. Charlie is 13 years old and sometimes helps his parents in the corner shop that they run. He helps out stocking shelves at weekends. Charlie attends school and completes his homework during weekdays. Is this an example of Child Labour?

yes- any work done by a person under the age of 16 is considered child labour

yes- Charlie should report his parents to the police

no- Charlie is old enough to not be considered a child

no- Child Labour doesn't apply to helping a family business

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22. Which of the following could be considered a bribe? Select TWO

a supplier who is bidding on a tender invites the buyer to play golf

an agricultural organisation gives a donation to a politician to vote in a certain way

a buyer sends a gift basket to a supplier at Christmas

a company pays an invoice 2 days early

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23. Which of the following tools allows you to asses internal factors or drivers?

SWOT

STEEPLED

GDP

ABC Analysis

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24. the WTO (World Trade Organisation) has several functions.

Which of the following is not a function of the WTO?

set trade rules between countries

deal with trade disputes between countries

to strive for full employment and high living standards

to ensure a high level of labour standards

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25. Under the Equalities Act 2010 which of the following is not a protected characteristic?

disability

pregnancy

age

weight

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26. Which of the following will you put into box 1?

Demographics Driver

Economic Driver

Environmental Driver

Technology Driver

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27. The UK has introduced several pieces of legislation which has relevance to CSR.

Which legislation ensures that employers keep their workers safe?

Working Time (Amendment) Regulations 2001

Companies Act 2006

Health and Safety at Work Act 1974

Disability Discrimination Act 1995

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28. Which of the following is a core Labour Standard of the ILO? Select TWO

Freedom of Association

Payment of a Living Wage

Equal Opportunities for all

Protection from job insecurity

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29. Jan is a procurement manager and is exploring the option of Low Cost Country Sourcing.

Which of these is a legitimate motive for this?

to exploit other countries natural resources

to avoid stringent restrictions in your own country

to get free holidays

to reduce operational expenses

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30. Which of the following will you put into box 8?

Ethical Issues

Cultural Issues

Performance Issues

Health and Safety Issues

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31. Which of the following will you put into box 5?

education and training

risk assessments

clear communication

independent auditing

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32. Which of the following will you put into box 2?

increase business profits

increase market share

desire to improve CSR

desire to innovate

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33. Which of the following will you put into box 1?

equality

fraud

corruption

modern slavery

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34. Which of the following will you put into box 1?

increase business profits

increase market share

desire to improve CSR

desire to innovate

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35. 1.The unethical practice of using information that is not publicly available to trade on the stock market is commonly known as what?

bribery

kickback

insider trading

greasing the wheels

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36. Knowledge which is not taught or learned from books but gained through personal experience can be a form of competitive advantage, but what is this type of knowledge known as?

inherent knowledge

primary knowledge

tacit knowledge

implied knowledge

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