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ISM CPSM Bridge Sample Questions:

1. The activities of an organization can be divided into three groups. Enabling activities can BEST be defined as?

A) Activities that are necessary to realize an organizations value add
B) Activities required to operate but are sufficiently generic across most organizations
C) The source of an organizations differentiation in the marketplace
D) Activities which determine need

2. Johnson Chemical Company has developed a new synthetic lubricant for machinery which is protected by a confidentiality agreement. Which form of intellectual property is this MOST likely classified under?

A) Trademark
B) Patent
C) Trade secret
D) Copyright

3. If a supply management professional were developing a forecast. What two sets of information are the basis for their creation?

A) Determined and planned
B) Planned and orchestrated
C) Deterministic and probabilistic
D) Future and current

4. Steps for managing change include collecting data, evaluating opportunities for change, designing and implementing a change strategy and what?

A) Develop a new balanced scorecard
B) Develop an new audit schedule.
C) Perform a validation audit of existing policies.
D) Review the progress based on the evaluation measures defined in the plan.

5. In financing, causes of interest fluctuation can be all of the following except?

A) The possibility that inflation will reduce the purchasing power of funds.
B) Lenders willingness to postpone use of money.
C) Lenders willingness to accept risk.
D) Purchasing power in a market.

Solutions: