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ISM CPSM Bridge Sample Questions:
1. Which of the following is not a delivery performance measurement when a supply management professional is reviewing performance of their operations?
A) Deliveries out of preset windows.
B) Costs of goods sold to a damaged claims reseller.
C) Cost of damage claims.
D) Late delivery percentage.
2. The change process should be initiated and a systematic fashion Which step refers to searching for improvement opportunities by gathering information on suppliers and customers?
A) Step 1: Collect information
B) Step 3: Develop a strategy
C) Step 2: Identifying evaluate opportunity's for change
D) Step 4: Implement the change strategy
3. Capital equipment is equipment used by an organization that depreciates over time, is used in production potential and?
A) Costs less than a predetermined threshold value
B) Is reusable on multiple levels in the organization.
C) Costs more than a predetermined threshold value.
D) Improves efficiency for supply management operations.
4. When establishing a satisfactory value figure typical valuation is based on CIF which is (Cost, Insurance,
Freight) or alternatively a ______________ cost basis.
A) NOER Nominal official exchange rate
B) SER2 Shadow exchange rate 1
C) SER1 Shadow exchange rate 1
D) FOB (Free on Board)
5. One way to categorize market conditions is through the product life cycle which consist of five stages:
precommercialization, introduction, growth, decline and?
A) End stage of the five stages of the product life cycle.
B) Maturity stage of the five stages of the product life cycle.
C) Advancement stage of the five stages of the product life cycle.
D) Productivity stage of the five stages of the product life cycle.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: B |
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