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ISM CPSM Bridge Sample Questions:

1. Corrective action for damaged goods may require the responsible party to replace or repair the damaged goods or?

A) The receiving party may cancel future business.
B) The receiving party may do the repairs and bill or charge the responsible party for the repairs.
C) The shipper may refuse the goods.
D) The shipper may offer alternatives.

2. New product development teams and early supplier involvement are terms and concepts associated with which stage of the product life cycle?

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

3. Which best practice would the supply management professional use in order to analyze data for the purpose of helping users make better business decisions?

A) Competitive intelligence
B) Reengineering
C) Business intelligence
D) Benchmarking

4. Negotiations can be controlled by controlling the what?

A) Negotiation site or location of the supply management negotiation
B) Negotiation team or the members of it.
C) Selection process or how the requests for proposals are scored.
D) Information flow internally and with external bidders.

5. The examination of the suppliers price proposal or bid comparison of reasonable benchmarks without examination and evaluation of the separate elements of cost is referred to as ?

A) Adequacy of cost in a bid proposal.
B) Supplier costing analysis of a bid proposal.
C) Benchmarking analysis for a bid proposal.
D) Price analysis for a bid proposal.

Solutions: