ISM Certified Professional in Supply Management (CPSM) - CPSM Exam Practice Test
When an organization reduces the number and design of items it uses, this is referred to as:
Correct Answer: C
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What defines work scope, sets the expectations and defines the relationship between the organization and the service provider?
Correct Answer: D
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A progressive approach to control inventory is called:
Correct Answer: B
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Which of the following is NOT the phase of business cycle?
Correct Answer: C
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The amount of reserve capacity that a firm maintains to handle sudden increases in demand or temporary losses of production capacity is called:
Correct Answer: B
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The ratio of annual operating income to the total capital put in the business is called:
Correct Answer: D
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Postproduction inspections to ensure the quality of a good or service, and end of process activity to control quality is referred to as:
Correct Answer: C
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The costs of logistics services should be determined; these costs plus an added value or markup becomes the:
Correct Answer: C
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What usually refers to a particular type of computer software package that integrates various functions within an organization?
Correct Answer: A
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The adaptation which responds
to the needs
of the
organization by using a combination of functional, matrix and projectized structures is known as:
to the needs
of the
organization by using a combination of functional, matrix and projectized structures is known as:
Correct Answer: B
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