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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) The strategy which is a plan for action.
B) A mission statement which indicates the purpose of the organization.
C) The vision statement for long-term goals.
D) A value statement intended to establish organizational values.
2. Using process mapping to analyze warehouse costs if an Input (X) is a spend analysis and a commodity is identified then the most likely Output (Y) would be?
A) Determination of total cost of ownership (TCO).
B) Accepting quotes for a supply management purchase.
C) Determining customer service levels and satisfaction.
D) The commodity sourcing plan
3. Which of the following is a true statement which experts agree on is a root cause of business problems?
A) Failure to communicate.
B) Not investing enough capital.
C) Not hiring the right supply manager.
D) Not hiring the right employees.
4. Jane Winslow is the supply management professional for Carter candles. She is performing a risk benefit analysis based on her spend categories. She is evaluating an expenditure which has low risk and high benefit this would be most likely categorize as which category in a risk benefit analysis?
A) Tactical
B) Strategic
C) Bottleneck
D) Leverage
5. The supply management professional must be aware of laws and regulations and should consider providing assistance to the supplier in situations of?
A) Supplier strike or work outage situations.
B) Environmental spill or hazardous waste incident.
C) Shipping and transportation strikes unrelated to the supply organization.
D) Plant downsizing or shutdown.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: D |
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