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ISM CPSM Bridge Sample Questions:

1. An organization that needed to dispose of excessive quantities of spare elevator motors which are no longer needed for maintenance would most likely use a _________________ type of excess inventory market place.

A) Dealer
B) In-house
C) Broker
D) Third-party specialist

2. Financial plans that spell out intended actions and the funding levels required for their completion are referred to as?

A) Allotments
B) Funding
C) Budgets
D) Allowance

3. Flexible production and the need for volume flexibility are most critical in which stage of the product life cycle?

A) Stage 2: Introduction Stage
B) Stage 3: Growth Stage
C) Stage 4: Maturity Stage
D) Stage 1: Design Stage

4. Which of the following BEST serves as a definition for the supply management operating plan?

A) List of requirements to track what is getting done.
B) Plan which lists the annual goals for supply management.
C) Schedule of events and responsibilities detailing actions to accomplish goals.
D) Plan that lists what needs to be accomplished for the strategic goals.

5. SKICRAFT Industries has developed a new snow ski boot fastener which is state of the are as far as release mechanisms. Which form of intellectual property is this MOST likely classified under?

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

Solutions: