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ISM CPSMB Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| CPSM Bridge Exam Content Areas | - Supply Chain Management and Operations
|
ISM CPSM Bridge Sample Questions:
Which of the following is not a consideration during inventory disposition?
- A. Implementing a back up supplier.
- B. Assistance with inventory disposition.
- C. Prompt settlement of outstanding charges.
- D. A fair representation of the facts surrounding termination.
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It is important that the supply management professional works closely with internal departments. The marketing department may spend a great deal of advertising and promotion on products. It is the supply management professionals' responsibility to do what?
- A. Ensure the organizational goals are achieved.
- B. Ensure that pricing is competitive and the service level agreements are being met.
- C. Ensure customer requirements are met.
- D. Ensure that the lowest cost is achieved.
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Under the auspice of developing an operating plan, very specific types of deterministic information are used. Which type of deterministic information includes the organizations probabilities have been historically correct?
- A. Industry elements
- B. Confidence
- C. Strategic plan
- D. Historical elements
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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 compression
- B. Price transparency
- C. Real time supplier evaluation
- D. Price validation
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Supplier's having the ability to instantly change pricing at their discretion during an auction in relation to market competition is commonly called?
- A. Price compression
- B. Price transparency
- C. Real time supplier evaluation
- D. Price validation
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