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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. Intellectual property is a form of legal risk which is also known as confidential and proprietary information.
Which description would be most appropriate for a trade secret?

A) Commercial information describing a plan, process, or mechanism which is only known by the owner and a limited number of others, and is commonly protected by a confidentiality agreement.
B) An identifying label, symbol, or words which exclusively identify a product or service.
C) A monopoly created by law that gives the patent holder the sole right to make use or sell an article and prevent others from doing so without their permission.
D) Protection provided by law for authors and creators of intellectual property providing for exclusive rights to publish.

2. Technology that can reduce the number of inbound containers that must be inspected in customs and thereby reducing processing time is called?

A) Smart impact systems for customs expeditions.
B) Smart box technology for customs.
C) Smart container systems for customs expeditions.
D) Smart impact container systems (SICS).

3. Depending on the scope of the audit, as you analyze issues in supply management, it would be MOST common for the auditor to ask for what?

A) All financial reports dating back seven years.
B) A list of key suppliers or internal customers.
C) A copy of the supplier diversity policy for the organization.
D) All environmental hazardous waste manifest dating back three years.

4. Prior to initiating an exit strategy with a supplier the supply managers first action should be?

A) Contact the legal department for possible legal ramifications.
B) Initiate a pool of prospective suppliers.
C) Contacting the existing supplier to confirm intent.
D) Preservation of the existing supplier relationship.

5. Stakeholder analysis is important when leveraging spend through execution of strategy. Articulating the objectives of the target initiative is a component of which part of the stakeholder analysis?

A) Evaluation of importance
B) Evaluating the relationships
C) Identification of the stakeholder group
D) Evaluating levels of alignment and involvement

Solutions: