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ISM CPSM Bridge Sample Questions:
1. Which of the following is an example bill of lading?
A) Record of documents that accompany the shipment with final disposition.
B) A control document to track and identify goods shipped to other countries.
C) Bill for the goods to a buyer.
D) Cargo receipt and transportation contract between the shipper and carrier.
2. If a supply management professional recommends the purchasing of an ordering system that reduces cycle time they are affecting or enacting what?
A) Their influence on buying processes.
B) Recommendations for new supply equipment.
C) Their influence on buying processes and position to affect policy matters within the organization.
D) Their position to affect policy matters within the organization.
3. As the supply management professional, you have collected data to determine opportunities for improvement. Once you have determined the advantages and disadvantages of the proposed changes you must next determine the impact the changes will have on _______________ ?
A) Cash flow, working practices, supply and distribution networks and customer loyalty.
B) Financial aspects, customer service, and management opinion.
C) Impact on the organizational strategy.
D) Employee satisfaction and stakeholder value.
4. Which "supplier characteristic" includes suppliers experiencing difficulties in managing raw materials?
A) Inability to reduce costs
B) Quality problems
C) Product application
D) Inventory management
5. Supplier's having the ability to instantly change pricing at their discretion during an auction in relation to market competition is commonly called?
A) Real time supplier evaluation
B) Price validation
C) Price transparency
D) Price compression
Solutions:
Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |