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ISM CPSM Bridge Sample Questions:

1. The General Agreement on Tariffs and Trade (GATT) abolished tariffs among nations which are now being replaced with?

A) Local, regional, and special taxes
B) International Standard Tariffs
C) Standard exchange rates
D) Ad valorem taxes

2. Supply management professionals must deal with brand and reputation risks which may be associated with the loss of customers. The results of a negative brand reputation would result in all of the following
EXCEPT.

A) Negative press coverage
B) Enhanced revenue
C) Loss of investors
D) Inability to attract employees

3. Most organizations have established ethical supply management policies guiding the behavior of their employees. Which of the following is an example of an ethical business experience?

A) A diversity supplier is not afforded business because a supply team member felt uncomfortable with them.
B) A worker is seen removing some of the contents of a box and takes it to the break room.
C) Videos cameras in the supply warehouse monitor two supplier drivers removing merchandise from a truck and placing it in the cab of their vehicles and no action is taken.
D) Supply management professional John realizes one of his suppliers has been struggling with competition and is financially strained. He agrees to purchase product in advance of his need to help the supplier.

4. The feasibility of an outsource solution is usually a combination of an organization strategy and the availability of a capable outsourced partner. The activities of an organization can be divided into three groups which include all of the following except which one?

A) Ancillary
B) Fixed
C) Core
D) Enabling

5. Which definition BEST fits the definition for a vision statement?

A) The statement of the plan the goals.
B) A true strategy for action.
C) A vivid idealized description of the desired outcome.
D) A plan for the best possible scenario.

Solutions: