ISM ISM CPSM CPSMB

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ISM CPSM Bridge Sample Questions:

1. The supply manager should understand the elements of a business plan which one of the following is not a component of a business plan?

A) A mission statement which indicates the purpose of the organization.
B) A value statement intended to establish organizational values.
C) The vision statement for long-term goals.
D) The strategy which is a plan for action.

2. Supplier's having the ability to instantly change pricing at their discretion during an auction in relation to market competition is commonly called?

A) Price transparency
B) Price validation
C) Real time supplier evaluation
D) Price compression

3. Win-Win or cooperational negotiation philosophy is likely to be used when?

A) Both parties have a high degree of concern for their own and other's outcomes.
B) Both parties are neutral
C) Neither party is concerned for the supplier
D) Both parties require no negotiation

4. Supply management professionals use many different types of measurements and metrics to achieve success towards organizational goals. Which of the following is NOT a supplier performance measure?

A) Workload-in
B) Responsiveness
C) Technology contribution
D) Delivery performance

5. Process maps enable the supply management professional to perform analysis of the key relationships in a process to make improvements. In addition to relationships the supply management professional also looks at? Choose the BEST response.

A) Cost and flows of the supply chain process.
B) Exports and imports of the supply chain process.
C) Inputs and outputs of the supply chain process.
D) Shipping constraints of the supply chain process.

Solutions: