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CIPS L3M2 Exam With Confidence Using Practice Dumps

Exam Code:
L3M2
Exam Name:
Ethical Procurement and Supply
Vendor:
Questions:
90
Last Updated:
Feb 26, 2025
Exam Status:
Stable
CIPS L3M2

L3M2: CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Exam 2025 Study Guide Pdf and Test Engine

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Ethical Procurement and Supply Questions and Answers

Question 1

You work as a buyer for a large international corporation. You are currently involved in managing a high-value tender, and one of the potential bidders offers to take you to a horse-racing event, with all expenses paid. The offer is for you alone; not for colleagues in your organisation. What do you do?

Options:

A.

Decline

B.

Accept

Buy Now
Question 2

The abbreviation ‘KPI’ stands for:

Options:

A.

Key performance inducement

B.

Key procurement indicator

C.

Key performance improvement

D.

Key performance indicator

Key personnel insurance

Question 3

The purpose of a specification is (select all that apply):

Options:

A.

Provide a means of evaluation of a product or service

B.

Act as a means of exchange

C.

Define the requirement

D.

Communicate the requirement clearly