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ISM CPSM Bridge Sample Questions:

1. The supply management professional may encounter very complex arrangements of authority. This may be in the form of actual authority, apparent authority, express or implied authority. The type of authority used to describe authority created in an agency when a principal permits an individual to operate in a fashion that makes third parties believe the individual is an authorized agent of the principal is?

A) Apparent authority
B) Implied authority
C) Expressed authority
D) Actual authority

2. The most cost effective way to dispose of inventory is?

A) Recycling through recycle entities.
B) Landfill disposal of excess supply management material.
C) Donation of excess supply management material.
D) Sell it back to the supplier.

3. When developing an exit strategy to deal with suppliers the supply management professional is responsible for managing stakeholders, timing, asset management and the?

A) Developing new suppliers.
B) Documentation which needs to be returned to the owner or retained for legal purposes.
C) Employee reduction in force.
D) Legal aspects to forward to the legal department.

4. Multiple sourcing methods are available for supply management professionals through negotiation and competitive bidding. When the market consists of a large number of suppliers, ____________ bidding is the best course of action.

A) Formal sourcing method
B) Competitive sourcing method
C) Straight-line sourcing method
D) Closed or sealed sourcing method

5. An ongoing comprehensive process for ensuring the continuity or uninterrupted provision of operations and services is?

A) Business continuity planning
B) Operating plan
C) Forecasts
D) Policies and procedures manuals

Solutions: