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ISM CPSM Bridge Sample Questions:

1. A decentralized supply management function helps to develop a fast response for a make/buy decision and a strategy for a sourcing with a single source at this stage of the product life cycle?

A) Stage 4: Maturity Stage
B) Stage 1: Design Stage
C) Stage 2: Introduction Stage
D) Stage 3: Growth Stage

2. Which "market characteristic" includes buying organizations that cannot accurately forecast price changes and need to engage in hedging?

A) Global sourcing
B) Number of qualified suppliers
C) Capacity constraints
D) Price Uncertainty

3. If the supply management professional was developing a value statement all of the following are critical areas to be considered with the exception of what? This includes treatment of suppliers, treatment of employees and?

A) Hiring practices
B) Resource allocation capital vs. labor
C) The allocation of scarce resources.
D) Performance measurement

4. Most organizations have established ethical supply management policies guiding the behavior of their employees. Which of the following is an example of an ethical business experience?

A) Videos cameras in the supply warehouse monitor two supplier drivers removing merchandise from a truck and placing it in the cab of their vehicles and no action is taken.
B) Supply management professional John realizes one of his suppliers has been struggling with competition and is financially strained. He agrees to purchase product in advance of his need to help the supplier.
C) A diversity supplier is not afforded business because a supply team member felt uncomfortable with them.
D) A worker is seen removing some of the contents of a box and takes it to the break room.

5. Supply management risk management and response planning generally involves a five step approach. In the "implementing readiness" step, the supply management professional is typically doing what?

A) Gaining an understanding of the state of operations and cataloging assets through interviews with risk management, insurance, and finance as well as stakeholders.
B) Selecting supply chain and network contingencies
C) Validating business continuity plans
D) Identifying major threats, vulnerabilities, and key risks

Solutions: