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ISM CPSM Bridge Sample Questions:

1. The uniform set of rules which clarifies costs, risks, and obligations of the buyers and sellers in international transactions is referred to as?

A) ICB terms
B) Incoterms for international transactions.
C) World trade organization standards
D) International supplier agreement

2. As customers at the end of the supply chain need product replacement the effect is minimal, as that effect is transferred down stream into transportation and production units the effect or impact is magnified.
This principle is called what?

A) The chain reaction scheduling process.
B) The bull whip effect scheduling process.
C) The strongest chain scheduling process.
D) The weak link scheduling process.

3. Financial risk is determined by the events that occur within the framework of the organization. Which type of industry is likely to have a recall for a faulty fuel line?

A) Retail software industry
B) Food service industry
C) Healthcare industry
D) Automotive industry

4. This type of lease involves a third-party lessor that buys an asset from an equipment producer and leases it to another company. It is called a?

A) Third party lease of negotiated assets.
B) Equipment lease of capital equipment.
C) Leveraged lease transaction.
D) Asset lease for capital needs of the organization.

5. The stakeholder alignment process consists of four steps Which of the following is NOT included in these steps?

A) Dissolve alignment strategies
B) Define the outcome of stakeholder alignment
C) Track results and design follow-up actions
D) Develop alignment strategies

Solutions: