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ISM CPSM Bridge Sample Questions:

1. Which of the following is NOT one of the benefits of a well constructed supply management policy?

A) Ensures consistency in operations.
B) Steps in a process are reduced.
C) Is critical for supplier's certification.
D) Enables new supply management employees to rapidly learn operations.

2. The goal of the supply management professional for inventory disposition is to disposition?

A) At the lowest cost for both parties.
B) At the lowest cost for the organization.
C) At the lowest cost for a buyer.
D) At the lowest cost for the supplier.

3. Supply management organizations commit financial resources based on all the following influences but
NOT?

A) Supply management organizational forecasts
B) Supply management market conditions
C) Supply management organization risk assessments
D) Supply management negative make-buy analysis

4. Timing and communication are very important in the implementation phase or rollout plan. Which of the following describes the pace of the initiative allowing for proper scheduling of management interviews and supplier meetings?

A) Key tasks
B) Milestones
C) Resource requirements
D) Primary person responsible (PPR)

5. The supply management professional may encounter very complex arrangements of authority. This may be in the form of actual authority, apparent authority, express or implied authority. The type of authority used to describe an authority that is implied by law to enable the agent to carry out the express authority granted by the principal is?

A) Implied authority
B) Expressed authority
C) Apparent authority
D) Actual authority

Solutions: