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ISM CPSM Bridge Sample Questions:

1. Supply management procedures are sets of guidelines that follow from policies. Typical supply management procedures include all of the following EXCEPT.

A) Determining the level of social responsibility.
B) Process for handling rejected material returns.
C) Systems for standard purchase order preparation.
D) Conditions for adding suppliers to the approved supplier list.

2. Supply management goals and organizational goals do not exactly match. When proposing to organizational management a supply management change or initiative the MOST important issue is?

A) To show that the proposal is of least cost.
B) To show how the proposal will support the achievement of organizational goals and objectives.
C) The show that the proposal is innovative.
D) To show that a SWOT analysis has been performed on the proposal.

3. Intellectual property is a form of legal risk which is also known as confidential and proprietary information.
Which description would be most appropriate for a copyright?

A) Protection provided by law for authors and creators of intellectual property providing for exclusive rights to publish.
B) Commercial information describing a plan, process, or mechanism which is only known by the owner and a limited number of others, and is commonly protected by a confidentiality agreement.
C) A monopoly created by law that gives the patent holder the sole right to make use or sell an article and prevent others from doing so without their permission.
D) An identifying label, symbol, or words which exclusively identify a product or service.

4. When determining the optimum usage of capacity a supply manager determines they want to understand how much their process deviates from a competitors. Which measure of forecast accuracy would be the
BEST fit?

A) The mean percentage error or forecast error.
B) Mean square error of the square of errors.
C) All of the above.
D) Standard error rates of the distribution.

5. By managing the "country of origin" the supply management professional may increase what?

A) Shipping cost reduction for the organizations.
B) Foreign good will for the organizations.
C) The reliability of supply for the organizations.
D) Foreign presence for the organizations.

Solutions: