Exam (elaborations)

L5M5 Managing Ethical Procurement and Supply/ 177 Q&A Advisory, Conciliation and Arbitration Service (ACAS) - Answer: A non-governmental agency of the UK government that promotes strong industrial relations practice and provides an impartial free concili

9 views 0 purchase

Course
L5M5 Managing Ethical Procurement and Supply

Institution
L5M5 Managing Ethical Procurement And Supply

[Show more]

Preview 3 out of 21 pages

View example

Uploaded on October 16, 2024
Number of pages 21
Written in 2024/2025
Type Exam (elaborations)
Contains Questions & answers

l5m5 managing ethical procurement and supply

Institution L5M5 Managing Ethical Procurement and Supply
Course L5M5 Managing Ethical Procurement and Supply

Pronurse1

Member since 1 year 79 documents sold

CA$15.95

Also available in package deal from CA$20.72

Added

Add to cart

Add to wishlist

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Also available in package deal (1)

ACAS Exam Bundle Pack.

CA$ 46.40 CA$ 20.72 3 items

1. Exam (elaborations) - Acas review questions (only end of module review) 109 q&a
2. Exam (elaborations) - Acas - 5.3 course/ 109 q&a/ a+ score solutions/ updated 2024-2025.
3. Exam (elaborations) - L5m5 managing ethical procurement and supply/ 177 q&a advisory, conciliation and arb...
Show more

L5M5 Managing Ethical Procurement and
Supply/ 177 Q&A
Advisory, Conciliation and Arbitration Service (ACAS) - Answer: A non-governmental agency of
the UK government that promotes strong industrial relations practice and provides an impartial
free conciliation service to resolve conflicts between employers and employees. ACAS aims to
help both sides of the conflict reach a mutually acceptable solution in the hope of avoiding the
potential cost, time and stress of a tribunal

Alternative dispute resolution (ADR) - Answer: A clause that can be included in a contract
stating how disputes are to be dealt with

Arm's-length relationship - Answer: This is a commercial relationship between a buyer and a
supplier that are independent or act independently. The focus of the relationship is the
exchange of purchase orders and invoices. This type of relationship is the opposite of a
collaborative relationship or partnership

Page 1 of 21

,Attrition - Answer: When a business loses staff through employees leaving and not being
replaced

Blog - Answer: Where people write about subjects of interest and post the information on the
Internet. People who blog are known as bloggers and they are increasing in number

Blue-washing - Answer: Refers to organisations that ally themselves with the United Nations
through joining programmes like the Global Compact in order to seem more legitimate, while
still acting in an unethical or unsustainable way

Boycott - Answer: Protest by refusing to deal with or buy from a particular individual or
business because of its behaviour

BRICS countries - Answer: An acronym that groups together high-growth emerging markets,
standing for Brazil, Russia, India, China and South Africa

Capital - Answer: Money or assets that can be used for investment or expansion

Cartel - Answer: An organisation created by a formal agreement between a group of producers
or suppliers of a good or service to regulate supply in order to manipulate prices

Categorisation - Answer: The division of organisational spend and suppliers into logical groups

Child labour - Answer: The exploitative employment of children in an industry

Civic obligations - Answer: The responsibilities of a citizen. These include serving on a jury or
being a witness in court

Page 2 of 21

, Closed-loop supply chain - Answer: Also known as reverse logistics, this is where the
manufacturer takes back part or all of the products to either reuse or recycle, reducing the
amount of waste going to landfill

Cloud - Answer: Accessing computer, information technology (IT), and software applications
through a network connection

Coercion - Answer: The act of forcing someone to do something using physical force or threats

Collective consultation - Answer: A process where staff representatives are consulted by
employers

Community benefit clause - Answer: Contractual clause used to build economic, social or
environmental conditions into the delivery of public contracts

Confederation of British Industry (CBI) - Answer: An organisation in the UK that represents
British businesses and lobbies the government on their behalf

Corporate social responsibility (CSR) - Answer: A business approach that contributes to
sustainable development by delivering economic, social and environmental benefits for all
stakeholders

Corrective action plan (CAP) - Answer: Step-by-step plan of action. When a problem arises or an
error is identified, a plan of action to resolve the issue is created. The corrective action plan is
targeted towards the problem and is implemented to achieve a resolution

Cottage industry - Answer: Business or manufacturing that happens in someone's home

Page 3 of 21

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Pronurse1. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$15.95. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Exam (elaborations)

L5M5 Managing Ethical Procurement and Supply/ 177 Q&A Advisory, Conciliation and Arbitration Service (ACAS) - Answer: A non-governmental agency of the UK government that promotes strong industrial relations practice and provides an impartial free concili

Document information

Subjects

Written for

Seller

Reviews received

Content preview