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ISM CPSM Bridge Sample Questions:

1. 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) Benchmarking
C) Business intelligence
D) Reengineering

2. Determining which products and services and organization should manufacture or provide in-house as opposed to purchasing them from outside sources is most related to which supplier collaboration process?

A) Specification rationalization
B) Inventory or asset management
C) Demand management
D) Make versus buy analysis

3. In benchmarking a project or process the planning stage involves 10 steps which step happens ninth?

A) Develop action plans.
B) Communicate benchmark findings and gain acceptance.
C) Implement specific actions and monitor progress.
D) Recalibrate benchmarks.

4. Eric is the supply management professional at Equate Industries he is asking questions about what can go wrong?, what are the possible consequences?, and what is the probability of occurrence? He is most likely trying to do what?

A) Identify contractual risks
B) Perform risk monitoring
C) Developing a scorecard
D) Develop a risk profile

5. Which of the following as not a function of the target costing process?

A) Research and development for products and services.
B) Target selling price for products and services.
C) Desired profit margin for products and services.
D) Continuous improvement for products and services.

Solutions: