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ISM CPSM Bridge Sample Questions:

1. The common measures of forecast accuracy include standard error rates, mean squared error, and what?

A) The mean percentage error.
B) The total percentage error.
C) The mass percentage error.
D) The standard deviation of the error.

2. A logistical operation that provides multiple tactical logistics services for customers is called?

A) Fourth-party logistics services.
B) Second-party logistics services.
C) Third-party logistics services.
D) First-party logistics services.

3. 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 which determine need
C) The source of an organizations differentiation in the marketplace
D) Activities required to operate but are sufficiently generic across most organizations

4. As the supply management professional, you have collected data to determine opportunities for improvement. Once you have determined the advantages and disadvantages of the proposed changes you must next determine the impact the changes will have on _______________ ?

A) Financial aspects, customer service, and management opinion.
B) Employee satisfaction and stakeholder value.
C) Impact on the organizational strategy.
D) Cash flow, working practices, supply and distribution networks and customer loyalty.

5. The supply management policy which includes issues which are related to the diversity of the supplier base and the desire to purchase environmentally friendly alternatives is the?

A) Supplier relations and treatment of suppliers policy
B) Competitive bidding policy
C) Ethics policy
D) Social responsibility policy

Solutions: