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ISM CPSM Bridge Sample Questions:
1. Market analysis for selection of appropriate E-solutions would NOT include which of the following?
A) Organization needs - matching tactical and collaborative efforts.
B) Sale of the existing enterprise resource planning.
C) Solution coverage -market availability of sources which manage contracts, orders, receipts, and supplier evaluation.
D) Supplier types - options available
2. Which type of modeling involves lag and shift measures and uses auto-regressive integrated moving average (ARIMA)?
A) The judgment sampling method.
B) Box-Jenkins model
C) Future sales based on past sales
D) Winters model
3. A decision to establish a strategic relationship that provides the opportunity to leverage strengths, resources, and innovations and permits long term volume commitments is referred to as?
A) Strategic supply model.
B) The supplier relationship model.
C) Supplier circumstance model.
D) A supply chain function.
4. 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) Costs more than a predetermined threshold value.
C) Improves efficiency for supply management operations.
D) Is reusable on multiple levels in the organization.
5. The supply management policy which highlights issues that supply management professionals may face when conducting business with suppliers and includes such topics as conflict of interest, gifts, and meals is the?
A) Social responsibility policy
B) Supplier relations and treatment of suppliers policy
C) Competitive bidding policy
D) Ethics policy
Solutions:
Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |