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Envy Manufacturing has several factories located in countries with poor reputations for human rights. It is concerned about potential risks of child labour being used within the supply chain. Envy Manufacturing has therefore decided to enlist the support of a third party auditing company to audit its factories. How should these audits be conducted? Select TWO

A.

organised well in advance to allow the factory managers to prepare for the audit

B.

conduct on the spot visits with no warning

C.

conduct group interviews with workers to ensure that all voices are heard

D.

conduct private meetings with a selection of workers

Who takes ownership for a Business Continuity Plan?

A.

the top level of an organisation

B.

the department head

C.

the risk champion of the company

D.

the individuals who identify the risks

Chloe is a procurement manager at Ruby Company. She has been asked to join a cross-functional team to review the company's risk appetite, potential risks within the supply chain and brainstorm mitigating actions. Chloe has suggested that the cross-functional team should first draw up a list of potential supply chain risks and potential strategies to overcome the risks. Is Chloe correct?

A.

yes- the first thing the team should look at are the risks and categorise these by topic

B.

yes- the team should focus on creating a risk register and strategies for mitigating risks as quickly as possible

C.

no- the team should review the company's risk appetite before creating a risk register

D.

no- Chloe should first speak with suppliers before drawing up the list of potential supply chain risks

Which of the following FIDIC Contracts would be suitable for a contract for offshore wind projects?

A.

Construction Contract

B.

Measured Term Contract

C.

Minor Works Contract

D.

Yellow Book Contract

Which of the following will you put into box 1?

A.

strategic

B.

intellectual property

(Correct)

C.

environment

D.

operational

Which of the following will you put into box 5?

A.

new technology

(Correct)

B.

forward contract

C.

outsource

D.

insurance