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ISM CPSM Bridge Sample Questions:
1. Competitor analysis is important during the development of a strategy. It is important to understand how to best compete with them for the same sales and market share. Three other answers are correct in terms of competitor analysis which one is not?
A) Their share of competitive markets.
B) The actual cost of business for a competitor.
C) The competitive nature of their products or services.
D) Their level of success in those markets.
2. A cost that exhibits a variability of the total amount of costs that is in direct proportion to changes in the operational activity is referred to as?
A) Variable costs of supply management operations.
B) Fixed costs of supply management operations.
C) Indirect costs of supply management operations.
D) Constant costs of supply management operations.
3. When coordinating and monitoring the movement of equipment and assets within the organization the short term resources owned by an organization including inventory and accounts receivable is/are?
A) Fixed assets of the supply management organization.
B) Deferred costs of the supply management organization.
C) Intangible assets of the supply management organization.
D) Current assets of the supply management organization.
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 high risk and high benefit this would be most likely categorize as which category in a risk benefit analysis?
A) Strategic
B) Bottleneck
C) Tactical
D) Leverage
5. All of the following are components used to manage ramp-up strategy EXCEPT?
A) New process implementation
B) Lead time and inventory planning
C) Logistics and distribution capabilities
D) Operations and capabilities
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
By Edgar
