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ISM CPSM Bridge Sample Questions:

1. 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) Demand management
B) Make versus buy analysis
C) Inventory or asset management
D) Specification rationalization

2. Some services and products which are custom made and may not have sharply defined specifications, capable suppliers, or developed statements of work, may be best purchased under negotiations. Products which have the same specifications are best purchased under competitive bidding because the suppliers follow what?

A) Industry norms and standards.
B) Detailed instructions in the manufacture of similar products.
C) ISO guidelines for production or manufacture.
D) Same product manufacturing processes

3. Which "supplier characteristic" includes a supplier who has fixed costs preventing them from further price reductions?

A) Inability to reduce costs
B) Quality problems
C) Inventory management
D) Product application

4. In regression analysis the measure in which one measure increases and the other decreases is what?

A) Neutral
B) Positive
C) Negative
D) Synergistic

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

Solutions: