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ISM CPSM Bridge Sample Questions:

1. Lose-Lose or confrontational negotiation philosophy is used when?

A) Both parties lose the contract in a negotiation.
B) Both parties require no negotiation.
C) Both parties already know they win in a negotiation.
D) Both negotiators have a low degree of concern for their own and the others outcomes.

2. The contract closeout process ensures that all administrative matters on the contract are physically complete. Which of the following is not included in the contract closeout process?

A) The property disposition process.
B) Final payment process.
C) Final audit process.
D) Final product or service acceptance.

3. What are the largest costs of a supply management audit?

A) The cost of time taken by personnel to answer questions or retrieve auditor requests for data.
B) The cost of auditor airfare, transportation, and lodging.
C) The cost of added hours required of the supply management professional.
D) The cost of a repeat visit by an auditor.

4. Potential benefits can be a significant in outsourcing, risks tend to rise when outsourcing to emerging markets. In this instance the potential risks of international sourcing include all the following EXCEPT.

A) Innovation that may not be available domestically
B) Security
C) Politics
D) Quality

5. International laws that affect international commerce are called?

A) International marine laws of international commerce.
B) International commerce laws.
C) Maritime laws of international commerce.
D) Marine laws of international commerce.

Solutions: