CIPS L4M1 LO3 EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
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Course
CIPS L4M1 LO3
Institution
CIPS L4M1 LO3
Corporate Governance - Accurate Answers Mechanisms, procedures and processes that are used to control and direct an organisation.
Ethics - Accurate Answers Principles that govern a person's or an organisations behaviour
Values - Accurate Answers Importance or worth that an attribute has for a...
CIPS L4M1 LO3 EXAM
CIPS L4M1 LO3 EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
Corporate Governance - Accurate Answers✔✔✔ Mechanisms,
procedures and processes that are used to control and direct an
organisation.
Ethics - Accurate Answers✔✔✔ Principles that govern a person's or an
organisations behaviour
Values - Accurate Answers✔✔✔ Importance or worth that an attribute
has for an individual or stakeholder group.
Value advantage
, Conflict of interest (COI) - Accurate Answers✔✔✔ Where an individual
is unable to remain impartial due to a personal, professional or public
interest
The 4D model - Accurate Answers✔✔✔ 1. Disclose
2. Distance
3. Delegate
4. Disassociate
Ethical Procurement - Accurate Answers✔✔✔ Ensuring that products
and services are obtained in a responsible and sustainable way that
demonstrates respect for people involved in the supply chain and the
environment such as fraud, corruption, bribery, modern slavery, human
rights.
CIPS Code of Conduct - Accurate Answers✔✔✔ A document stating the
standards, behaviours and actions that a CIPS member must conform to
during their membership of the organisation
CIPS code of Conduct - 5 areas - Accurate Answers✔✔✔ 1. Enhance
and protect the standing of the profession
2. Maintain the highest standard of integrity in all business relationship
3. Promote the eradication of unethical business practices
4. Enhance the proficiency and stature of the profession
5. Ensure full compliance with laws and regulations
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