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Free ISM LEAD Exam Questions

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  • ISM LEAD Exam Questions
  • Provided By: ISM
  • Exam: Leadership and Transformation in Supply Management Certification
  • Certification: CPSM
  • Total Questions: 166
  • Updated On: Nov 19, 2024
  • Rated: 4.9 |
  • Online Users: 332
Page No. 1 of 34
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  • Question 1
    • In which phase of team development do group members challenge each other and compete against one another to assume leadership?


      Answer: C
  • Question 2
    • Two gourmet food companies merge, and the combined entity attains an increase in its market share. The firm is considering an expansion of its product line, but material costs have risen and stock shortages are creating problems which need to be resolved before any expansion takes place. The firm’s supply managers find that no clear definition of responsibilities was outlined during the merger process for several commodity categories. Which of the following did executive management fail to address? 


      Answer: D
  • Question 3
    • After analyzing its relationships with other departments, supply management decides to revise its stocking levels and order forecasting in order to streamline processes and reduce costs. Which of the following is the BEST way for the supply management organization to introduce these changes to the departments involved? 


      Answer: A
  • Question 4
    • A supply management audit finds that sole source purchases have increased significantly due to the inexperience of the sourcing team, and that the waiving of competition is not justified in many cases. This has resulted in increased costs, as well as noncompliance with organizational policies requiring competitive solicitations. Which of the following is the BEST way to rectify this situation?


      Answer: A
  • Question 5
    • A retail chain is looking to gain a competitive edge in the market. The firm wants to allow visibility throughout the company and enhance supply performance regarding demand forecasting, inventory management, and transportation. In this situation, which of following will be MOST effective? 


      Answer: B
PAGE: 1 - 34
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