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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:
A make-buy decision analysis refers to determining what products and services an organization should manufacture or provide in-house as opposed to purchasing from outside sources. Which of the following is NOT part of a make-buy analysis?
- A. Organizational capacity to accept and manage change
- B. Developing a business case in support of the decision
- C. Auditing results
- D. Collecting and analyzing cost data
Correct Answer: A 🗳️
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When organizations outsource an activity they essentially do what to a third party?
- A. Relinquish control of an activity
- B. Relinquish cost
- C. Relinquish profit
- D. Relinquish liability
Correct Answer: A 🗳️
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The common measures of forecast accuracy include standard error rates, mean squared error, and what?
- A. The total percentage error.
- B. The standard deviation of the error.
- C. The mass percentage error.
- D. The mean percentage error.
Correct Answer: D 🗳️
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Supply management professionals protect confidential information in several ways, a common method is to put the information in writing and label the information "confidential" A more formalized method is to use?
- A. "Agreement of inclusion: with whom to share.
- B. The non disclosure agreement which defines acceptable and unacceptable use of the information.
- C. "Locked confidential" method.
- D. "Non-sharing" agreement which includes acceptable use.
Correct Answer: B 🗳️
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Which of the following is not a part of the Strengths, Weaknesses, Opportunities, and Threats risk assessment technique?
- A. Identification of costs which are prohibitive.
- B. Identify a lack of specific capabilities and skills the organization cannot adequately perform.
- C. Identify risks and potentially unfavorable conditions in the organization of the external environment.
- D. Value adding initiatives that are available to and could be undertaken by the organization.
Correct Answer: A 🗳️
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