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Free CIPS L3M2 Practice Exam with Questions & Answers | Set: 3

Questions 21

Use of competition is most obviously going to influence which of the following ‘rights’?

Options:
A.

Revenue

B.

Time

C.

Price

D.

Place

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Questions 22

Which two of the following are world-famous quality management gurus?

Options:
A.

W Edwards Deming

B.

Philip Crosby

C.

Phil Collins

D.

Bill Cosby

E.

Bing Crosby

F.

Edgar Hoover

Questions 23

Which of the following are likely to encourage sound ethical practices within a procurement department?

Options:
A.

Annual audits

B.

After-hours socialising to develop better relationships with suppliers

C.

Generous levels of workplace training

D.

Encouraging membership of CIPS for all staff

E.

Modest salaries

Questions 24

According to the Profex textbook for this subject, specifications are said to be ‘the heart of the con-tract'.

Options:
A.

The book then goes on to say the goods supplied must be of satisfactory:

B.

Quality

C.

Cost

D.

Sturdiness

E.

Quantity

Questions 25

A product of less-than-satisfactory quality might be said to have a:

Options:
A.

Defect

B.

Affect

C.

Reject

D.

Effect

Questions 26

‘EBI’ stands for:

Options:
A.

Earnest business interest

B.

Early buyer involvement

C.

Ethical business interest

D.

Eager buyer involvement

Questions 27

The axes on the Mendelow stakeholder management matrix are:

Options:
A.

Power and interest

B.

Power and influence

C.

Risk and interest

D.

Risk and reward

Exam Code: L3M2
Certification Provider: CIPS
Exam Name: Ethical Procurement and Supply
Last Update: Jul 19, 2025
Questions: 90

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