ISM CPSM Bridge : CPSMB

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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. Depending on the scope of the audit, as you analyze issues in supply management, it would be MOST common for the auditor to ask for what?

A) All financial reports dating back seven years.
B) A list of key suppliers or internal customers.
C) All environmental hazardous waste manifest dating back three years.
D) A copy of the supplier diversity policy for the organization.

2. Flexible production and the need for volume flexibility are most critical in which stage of the product life cycle?

A) Stage 3: Growth Stage
B) Stage 2: Introduction Stage
C) Stage 1: Design Stage
D) Stage 4: Maturity Stage

3. Which trait of the supply management professional would BEST improve their chances of effecting change in the organization?

A) Influence
B) Ambiguity
C) Leverage
D) Forcefulness

4. Prior to initiating an exit strategy with a supplier the supply managers first action should be?

A) Contacting the existing supplier to confirm intent.
B) Preservation of the existing supplier relationship.
C) Initiate a pool of prospective suppliers.
D) Contact the legal department for possible legal ramifications.

5. A key section of the business plan deals with product pricing structure. The organization may use multiple pricing strategies based on each business unit, customer segmentation, and demand what is the main decision related to product price structure?

A) Whether to use a market based approach or cost approach?
B) Whether to use market demand pricing?
C) Whether to use loss leader pricing?
D) Whether to use Time & Materials contracts?

Solutions: