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ISM CPSMB Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Leadership and Business Acumen | - Risk management and decision-making - Leadership in supply management - Financial and business analysis |
| Topic 2: Supply Management Core Knowledge | - Procurement and sourcing fundamentals - Supply chain integration and operations - Category management principles |
| Topic 3: Compliance and Performance Management | - Ethics and compliance in procurement - Supplier performance measurement - Continuous improvement practices |
| Topic 4: Sourcing and Category Strategy | - Supplier evaluation and selection - Contracting and negotiation strategies - Strategic sourcing processes |
ISM CPSM Bridge Sample Questions:
1. 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) Copyright
B) Patent
C) Trademark
D) Trade secret
2. Determining which products and services and organization should manufacture or provide in-house as opposed to purchasing them from outside sources is most related to which supplier collaboration process?
A) Specification rationalization
B) Make versus buy analysis
C) Demand management
D) Inventory or asset management
3. When a supply management professional has to decide to make a financial investment in a new supplier this is called a/an?
A) Fiscal investment decision for a new supplier.
B) Supply management investment decision for a new supplier.
C) Organizational investment decision for a new supplier.
D) Equity investment decision for a new supplier.
4. Supply management professionals must deal with brand and reputation risks which may be associated with the loss of customers. The results of a strong brand reputation would result in all of the following
EXCEPT.
A) Becoming a favored supplier
B) Retaining shareholders
C) Lowering the total costs of business operations
D) Regulatory penalties
5. Technology and application tools which standardize strategic sourcing procedures include all the following EXCEPT.
A) Minitab
B) ANSI-X12
C) SPSS
D) Adobe
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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