최신 CORe 무료덤프 - ISM Supply Management Core

문제1

The procurement officer for a publicly-traded U.S. company completes a 409 filing with the Securities and Exchange Commission (SEC), due to a number of supplier deliveries being missed that impact revenue forecasts. The procurement officer's NEXT step should be to

A. review with the legal department what actions can be taken against suppliers with late deliveries

B. document a corrective action plan

C. determine what changes can be made to contracts to ensure suppliers meet delivery deadlines

D. terminate contracts with suppliers who have been late with deliveries

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제2

A supply manager submits a request to fill several new positions, along with a proposal for an increased training budget. The new positions are approved, but training funds are cut rather than expanded for the coming year. The supply manager believes that training will be essential for supply management's ability to support organizational strategy. Given this situation, which of the following actions by the supply manager is MOST likely to be effective?

A. Have the staff complete the training early in the year

B. Attempt to fill the new positions with skilled candidates who will not require extensive training

C. Develop examples of how training will help employees focus on organizational objectives

D. Fill fewer positions than approved, and use the remaining budget for training

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제3

DEF Corporation is a supplier whose products no longer require incoming inspection. Which of the following BEST describes DEF's supplier categorization?

A. Approved

B. Certifiable

C. Certified

D. Partnered

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제4

A manufacturing firm needs to maintain production and prevent delays due to raw material outages and quality Issues. Which of the following is the BEST course of action for this firm to take?

A. Contract with multiple suppliers rather than depend upon one supplier to provide raw materials

B. Add 25% to raw material purchases to ensure there is enough inventory in case of supplier delays or quality problems

C. Maintain safety stock and implement an automatic reordering process when inventory drops below a certain level

D. Develop a strategic relationship with its main supplier

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제5

A chief executive officer (CEO) asks a supply manager to prepare a statement of work for a consultant to perform audit services. The consultant occasionally does other non-audit work for the company. In this situation, which of the following is the BEST course of action for the supply manager to take?

A. Review professional service rates for the audit services and verify they are competitive prior to executing the statement of work

B. Explain to the CEO the conflict of interest in contracting with an existing consultant as an auditor, and recommend alternative solutions

C. Prioritize execution of the statement of work, as it has likely been mandated by the board of directors

D. Recommend giving a presentation to the board of directors on the category strategy for consulting and professional services

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제6

An educational institution that delivers continuing education programs to business leaders has seen increased demand for its program in multiple languages. The supply manager responsible for the sourcing, contracting, and relationship development of these training providers has noticed its customers in other countries using local instructors who can better relate to the audiences. Which of the following supply base innovation skills is the supply manager facing?

A. Managing transformation

B. Managing decision-making

C. Managing differences

D. Managing breakthroughs

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제7

IJK, Inc. is currently under contract with Supplier X to provide parts utilized in retail products manufactured by IJK. Demand for UK's products is expected to increase dramatically, and thus the firm's supply manager wants to explore possible cost savings. Supplier X has been a reliable supplier for many years and provides excellent quality, on-time service, and a willingness to work with UK on improvements. However, the supply manager believes Supplier X's price is too high, as a competitor is offering a lower price. Given this situation, which of the following is the BEST course of action for UK's supply manager to take?

A. Demand concessions from Supplier X

B. Do nothing for the moment, but wait to see how much volume increases

C. Meet with Supplier X with the intent of working to reduce costs

D. Transition to the competitor offering the lower price

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제8

A supply manager seeks bids on a new piece of capital equipment. The equipment is budgeted at $115,000.
Three suppliers send in bids of $110,000, $114,000 and 5135,000. After receiving the bids, additional negotiations with the low bidder result in a final cost of $105,000. In this situation, what should the baseline value be for calculating cost avoidance?

A. $135,000

B. $114,000

C. $110,000

D. $115,000

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제9

In preparation for an upgrade to several of its business processes, a firm needs to provide training for key staff members. The firm's supply manager wants to be sure any solicitation for services uses up-to-date specifications and will attract good potential sources. Which of the following should be the FIRST step in accomplishing this?

A. Issuing a Request for Information (RFI) to identify products and/or sources

B. Inviting potential trainers to present their programs to a team of users

C. Sending results-based Requests for Proposals (RFP) to known suppliers

D. identifying suitable training packages and requesting bids for delivering them

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제10

A supply manager is preparing the department's budget for the next year. Which of the following is the FIRST step in this process?

A. Reviewing the organization's goals

B. Defining the needed resources

C. Controlling expenditures during the budgetary year

D. Presenting the budget for review

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제11

An exploration firm's supply manager meets with the fleet operations team to plan for the acquisition of vehicles to be used in company operations on a remote Pacific island. As removing the old vehicles from the island has proven to be a significant problem, the team requests the inclusion of a "take-back" requirement in the contract. Which of the following is the BEST way for the supply manager to respond to this request?

A. The supply manager should refer the issue to the environmental quality manager.

B. The supply manager should include this requirement in the firm's upcoming procurement.

C. The supply manager should oppose the idea, as a take-back program from a remote island would be cost prohibitive.

D. The supply manager should oppose the idea, as the sourcing process should be focused on acquisitions.

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제12

Which of the following is MOST important to address in an exit plan when an organization Is transitioning to a new supplier?

A. Identifying how costs will be shared

B. Determining how assets will be transferred or sold

C. Defining ownership and destruction of data

D. Ensuring continuity of supply

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제13

As interest rates rise, what will MOST likely be the effect on supply?

A. Suppliers will delay shipments by selling to other customers.

B. Bond prices will rise, forcing suppliers to pay more for capital investments.

C. Suppliers will lock in raw material prices in anticipation of price increases.

D. The risk of supplier stock outs will increase due to higher costs of holding inventory.

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제14

A sourcing manager is evaluating the following bids:
Quality ScoreCost
Supplier 190$100,000
Supplier 290$104,000
Supplier 3100$105,000
Supplier 4100$110,000
To score the cost attribute, the company with the lowest cost is awarded 100 points. The remaining companies lose 1 point for every 1% in higher costs. The overall weighting for the score is 50% quality and 50% cost.
Which supplier should be awarded the contract?

A. Supplier 1

B. Supplier 3

C. Supplier 2

D. Supplier 4

정답: B

설명: (DumpTOP 회원만 볼 수 있음)

문제15

XYZ Company asks a specialized fastener supplier for its help in choosing a fastener for a new product. The supplier recommends its proprietary part for the application. After several months of production, many field issues are reported due to loose fasteners. The supplier refuses to take responsibility, claiming that the blame lies with XYZ. In this situation, which of the following is TRUE?

A. XYZ is protected under implied warranty for intended purpose, as the supplier knew the planned use and was relied upon for expertise.

B. Implied warranties such as fitness for intended purpose cannot be waived, and therefore XYZ is protected.

C. XYZ Is the product owner and therefore has sole responsibility and no recourse.

D. As the requirement for the fastener to hold is not clearly described in the product specifications, XYZ has no recourse.

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

문제16

A manufacturing firm which prides itself on excellent customer service, quality, and prompt delivery decides to outsource several of its high volume, cost-driven products. The firm's supply manager is tasked with ensuring that service level expectations are maintained during the transition. Which of the following is the BEST step for the supply manager to take to ensure a smooth transition?

A. Promote supply management staff as examples of change leaders

B. Direct staff to concentrate on execution and teamwork

C. Redesign the department for better end-to-end supply management

D. Emphasize the focus on relationship management to support customers

정답: D

설명: (DumpTOP 회원만 볼 수 있음)

문제17

CDE Inc. is a metal casting manufacturer that uses a supplier performance scorecard to measure key performance indicators (KPIs) across the business. CDE's supply manager wants Supplier Y to improve on a number of the measured KPIs. Which of the following is the BEST approach for the supply manager to take in order to achieve this objective?

A. Give the supplier a one-year timeline to improve scores on the KPIs and inform it that any new business will be put on hold if no progress is made

B. Require the supplier to submit a written plan for how it plans to improve the KPI scores, and require management approval for the plan

C. Require the supplier to submit a written plan on how it will improve in each underperforming KPI, and monitor the supplier's progress

D. Conduct a plant visit at the supplier's location and look for ways to improve processes so that the supplier can meet CDE's standards

정답: C

설명: (DumpTOP 회원만 볼 수 있음)

문제18

A supply manager negotiates an agreement with a salesperson from the supplier's organization. With regard to signing the agreement, which of the following is MOST correct?

A. An authorized person from the buying firm and an authorized person from the supplier should sign the agreement.

B. The supply manager and the salesperson should sign the agreement.

C. The presidents of both the buying firm and the supplier should sign the agreement.

D. No signatures are required, as the deal was already agreed upon between the supply manager and the salesperson.

정답: A

설명: (DumpTOP 회원만 볼 수 있음)

최신 CORe 무료덤프 - ISM Supply Management Core

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