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ISM CPSM Bridge Sample Questions:

1. This type of lease involves a third-party lessor that buys an asset from an equipment producer and leases it to another company. It is called a?

A) Asset lease for capital needs of the organization.
B) Leveraged lease transaction.
C) Third party lease of negotiated assets.
D) Equipment lease of capital equipment.

2. Supply management professionals use many different types of measurements and metrics to achieve success towards organizational goals. Which of the following is NOT a supplier performance measure?

A) Delivery performance
B) Responsiveness
C) Workload-in
D) Technology contribution

3. The measure which tells how effectively the organization is using the assets involved in a project is called?

A) Return on assets employed
B) Return on project investment.
C) ROIA usage of assets in the organization.
D) ROTA usage of assets in the organization.

4. 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) Patent
B) Trademark
C) Trade secret
D) Copyright

5. Managing an online event or reverse auctions includes traditional sourcing steps as well as procedures unique to the event. Which of the following is not a component of step TWO which is "Generate supplier profiles"?

A) Determine the value added capabilities of the supplier's
B) Define the category
C) Identify qualified suppliers
D) Determine which suppliers could possibly be future suppliers

Solutions: