ISM CPSMB : CPSM Bridge Exam

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ISM CPSM Bridge Sample Questions:

1. Which choice is correct for the five contributions supply management should contribute to organizational success?

A) SOW, RFP, review, selection, notification
B) Ordering, fulfilling, transportation, inventorying, disposal
C) Acquiring, Inventorying, Supporting, Auditing, Managing
D) Identifying, Acquiring, Accessing, Positioning, Managing

2. There are numerous International Commercial Terms the supply management professional should be familiar with. The Incoterm CFR Cost and Freight (named place) indicates what?

A) The buyer takes possession of the shipment at the point of origin and bears all costs and risks associated with the transportation.
B) The seller places goods on the loading dock and the risk of loss is transferred to the buyer.
C) The seller delivers goods which are cleared for export to the buyers designated carrier and named location.
D) The supplier quotes a price that includes the cost of goods and cost of transportation to a named destination.

3. Costs that tend to remain constant regardless of the volume are called?

A) Constant costs of supply organization operations.
B) Flexible costs of supply organization operations.
C) Fixed costs of supply organization operations.
D) Consistent costs of supply organization operations.

4. Business process improvements require understanding of analytical techniques specifically regression analysis to measure the historical degree of two variables or data series. The degree to which two variables are related is called?

A) Regression efficient
B) Y variable
C) X variable
D) Correlation coefficient

5. Sarah Galloway is the supply management professional for Constant Industries she has an awareness of the functions that are most influential in the organization. In a manufacturing environment or organization she knows which three influences have power?

A) Operations, engineering, and marketing.
B) Marketing, logistics, sales
C) Development, logistics, sales
D) Design, management, supply

Solutions: