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CIPS L3M2 Exam Dumps

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L3M2 Pack
Vendor: CIPS
Exam Code: L3M2
Exam Name: Ethical Procurement and Supply
Exam Questions: 90
Last Updated: October 6, 2026
Related Certifications: Level 3 Advanced Certificate in Procurement and Supply Operations
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Free CIPS L3M2 Exam Actual Questions

Question No. 1

The supplier appraisal model attributed to Dawn Dadds, is, as shorthand:

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Correct Answer: A

FACE2FACE

An alternative to Carter's 10 C's.

Fixed assets, ability to deliver, cost, efficiency

Financial stability, ability to work with the buyer, commitment to quality, environmental / ethical factors.


Question No. 2

Decisions which do not represent the best overall outcome for the organisation could be called:

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Correct Answer: D

Suboptimal

Less than optimum.


Question No. 3

Which two of the following would be unlikely to increase value for money for an organisation?

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Correct Answer: A, C

Suppliers entertain to retain or generate business - there is a cost to this, which is recovered from customers - the antithesis of value for money. Late bids are sometimes related to inflated prices and instances of malpractice. A late bid is extremely unlikely to increase value for money in the long term and is a serious breach of organisational procedure.


Question No. 4

Spot the odd one out.

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Correct Answer: C

You should be familiar with the meaning of the terms economy, efficiency and effectiveness and able to distinguish one from the other.


Question No. 5

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?

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Correct Answer: A

Surely you know readily you should decline?


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