Prepare L5M5 Exam with Using L5M5 Dump Questions

1. The UK has introduced several pieces of legislation relevant to CSR.

Which legislation ensures that employers keep their workers safe?

2. Which of the following is an example of an organisation updating an internal governance standard?

3. Roogy Ltd, a UK SME, considers implementing its own environmental standard instead of a global one.

What is the advantage of this?

4. Ruben is buying new machinery for his factory. He chooses a more expensive option after considering ESG factors.

Why might this be?

5. The WTO (World Trade Organisation) has several functions.

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

6. Sustainability-related measures such as ESG are mandatory in all countries and compliance is governed by legislation. Is this TRUE?

7. Supply forecasting investigates the company's demand for an item, including current and projected demand categorised by industry and product end use. Is this statement TRUE?

8. How do Fair Trade organisations protect producers of raw materials from poor economic conditions?

9. One criticism of the UN Global Compact is that some organisations join without making real ethical improvements, using it for legitimacy instead.

What is this known as?

10. What is a monopsony?

11. Berty Boo Ltd conducts an audit checking compliance with regulations, policies, and risk procedures.

What type of audit is this?

12. Which of the following statements about the ILO (International Labour Organisation) is incorrect?

13. ABC Construction is in a contract with DEF Developers to deliver 40 houses. The contract includes a "Payment is of the Essence" clause. DEF fails to pay for completed work. ABC stops work.

Are they allowed to do this?

14. What types of organisations is the UN Global Compact aimed at?

15. What does the “D” stand for in STEEPLED Analysis?

16. Which of the following ISO standards relates to Environmental Management Systems?

17. What is the purpose of an IPO (International Procurement Organisation)?

18. The MNE (Multi-National Enterprise) Declaration is designed to promote ethical and sustainable operations by multinational organisations.

Which of the following are prioritised by the Declaration? Select TWO

19. Freedom of association is a protected right under the ILO convention.

What does this allow workers to do?

20. Creating value responsibly for shareholders would sit under which aspect of the sustainability triple bottom line?

21. A discrimination claim has been filed against ABC Ltd under the Equalities Act 2010.

What is the maximum compensation limit?

22. A procurement team runs a tender for new office furniture, prioritising cost.

What is the main risk of this approach?

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

24. Which of the following tools allows you to assess internal factors or drivers?

25. DRAG DROP

Scenario:

Apor is an online retailer of clothing and shoes. It sells four different fashion product lines:

Product 1: Apor has achieved competitive advantage on this product line by producing clothing cheaply. This has been achieved through investment in advanced manufacturing technology, which allows items to be made more cheaply than competitors.

Product 2: Apor is marketing to a younger customer segment for this product and has developed unique features that appeal to teenagers in particular.

Product 3: This product is a specialist type of shoe only purchased by professional dancers. Apor’s strategy is to appeal to this small and specific customer segment, and it achieves advantage through low cost of manufacture. However, demand has been affected recently due to import duty and tax changes.

Product 4: The marketing slogan for this product is “Greener Clothing for the Planet”. Although slightly more expensive than other ranges, Apor achieves advantage through the product’s eco-friendly features, appealing to a smaller, specific segment.

Task:

For each product, match the correct Macro Environment Driver and the correct Source of Competitive Advantage.

26. Ruby is a Contracts Manager at ACE Ltd and manages a contract with Spades Ltd which provides raw materials. She has found a serious issue in Spade's conduct.

Which TWO documents should Ruby complete?

27. If a company has SA8000 certification, what does this measure?