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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. The price gap between the highest priced suppliers and the lowest priced suppliers narrows during an auction as supplier's compete against one another. This process is termed?

A) Price validation
B) Real time supplier evaluation
C) Price compression
D) Price transparency

2. During business forecasting and review of the product life cycle profit margins can be constrained during the maturity stage due to?

A) Wage losses and production reduction.
B) Increased raw material costs and higher overhead.
C) Heightened competition, declining prices, and slow market growth.
D) Reduced consumption and higher labor rates.

3. When developing or creating tools to measure or improve compliance a supply manager would include measures which include all of the following EXCEPT?

A) Measures which are cost effective.
B) Measures which do not have to be benchmarked.
C) Measures which are linked to responsibility.
D) Measures which are meaningful to the organization.

4. The execution and development of an exit strategy includes?

A) Repacking supplies for distribution.
B) Determining new suppliers.
C) Financial analysis for when to exit.
D) A plan that sets forth the terms and conditions the organization and the supplier will carry out activities and responsibilities under.

5. Chris Kelce is developing a steering committee for his supply management organization Intelligent
Solutions. Which of the following is NOT a role of the steering committee in project related decisions?

A) Review project direction and priorities
B) Remove barriers to change
C) Determine the projects
D) Approve changes based on team output

Solutions: