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Ethical and Responsible Sourcing

Last Update Jun 14, 2025
Total Questions : 217 With Comprehensive Analysis

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Ethical and Responsible Sourcing Questions and Answers

Questions 1

Khalid is a procurement manager in the UK who is looking to source exotic fruit for a retailer. As this type of fruit doesn't grow naturally in the UK Khalid is looking at international suppliers, but is worried about variations in exchange rates. He is considering asking the suppliers to provide quotes in their local currencies. Will this reduce the risk posed to Khalid?

Options:

A.

yes- suppliers should quote in their own currencies so there is no risk to the importing company

B.

yes- when suppliers quote in local currencies you are more likely to get better prices

C.

no- quoting the prices in GBP / £ will provide Khalid with better security against cur-rency fluctuations

D.

no- prices should be quoted in GBP / £ as this will reduce the cost of imports

Questions 2

For complex and high value tenders, which document is the most appropriate to send to those suppliers who have already been appraised and deemed suitable?

Options:

A.

PQQ

B.

ITT

C.

RFQ

D.

RFT

Questions 3

A buyer evaluates a supplier's ethical and social practices during the pre-qualification stage of the supplier onboarding process. Which of the following variables would trigger further follow-up activities?

Options:

A.

On discovering that trade (labour) union memberships are not permitted by the supplier in its place of work

B.

On discovering that no employees can work without agreeing to the buyer organisation's code of conduct

C.

If the supplier's employees have a good understanding of their employment rights

D.

When staff are unionised and appropriate time is provided for union activities