CPSM Exam 1 - Foundation of Supply Management
  • 519 Questions & Answers
  • Update Date : July 15, 2024

PDF + Testing Engine
Testing Engine (only)
PDF (only)
Free Sample Questions

Master Your Preparation for the ISM CPSM

We give our customers with the finest CPSM preparation material available in the form of pdf .ISM CPSM exam questions answers are carefully analyzed and crafted with the latest exam patterns by our experts. This steadfast commitment to excellence has built unbreakable trust among countless people who aspire to advance their careers. Our learning resources are designed to help our students attain an impressive score of over 97% in the ISM CPSM exam, thanks to our effective study materials. We appreciate your time and investments, ensuring you receive the best resources. Rest assured, we leave no room for error, committed to excellence.

Friendly Support Available 24/7:

If you face issues with our ISM CPSM Exam dumps, our customer support specialists are ready to assist you promptly. Your success is our priority, we believe in quality and our customers are our 1st priority. Our team is available 24/7 to offer guidance and support for your ISM CPSM exam preparation. Feel free to reach out with any questions if you find any difficulty or confusion. We are committed to ensuring you have the necessary study materials to excel.

Verified and approved Dumps for ISM CPSM:

Our team of IT experts delivers the most accurate and reliable CPSM dumps for your ISM CPSM exam. All the study material is approved and verified by our team regarding ISM CPSM dumps. Our meticulously verified material, endorsed by our IT experts, ensures that you excel with distinction in the CPSM exam. This top-tier resource, consisting of CPSM exam questions answers, mirrors the actual exam format, facilitating effective preparation. Our committed team works tirelessly to make sure that our customers can confidently pass their exams on their first attempt, backed by the assurance that our CPSM dumps are the best and have been thoroughly approved by our experts.

ISM CPSM Questions:

Embark on your certification journey with confidence as we are providing most reliable CPSM dumps from Microsoft. Our commitment to your success comes with a 100% passing guarantee, ensuring that you successfully navigate your ISM CPSM exam on your initial attempt. Our dedicated team of seasoned experts has intricately designed our ISM CPSM dumps PDF to align seamlessly with the actual exam question answers. Trust our comprehensive CPSM exam questions answers to be your reliable companion for acing the CPSM certification.

Related Exams

ISM CPSM Sample Questions

Question # 1

The Incoterm in which all responsibilities including the costs and risks are passed to the buyer at the sellers loading dock is?


Question # 2

Budget process for the supply management professional is called?  

A. Supply management budgeting  
B. Supply chain budget  
C. Supply management budget preparation  
D. Supply chain metrics  

Question # 3

When the nature of the specifications of a product or service are not clearly defined or changes in the specifications are anticipated the procurement method is best. 

A. Open market purchase techniques  
B. Succession bidding process  
C. Negotiation for best price best/product service  
D. Competitive market acquisition tool  

Question # 4

If a supplier proposes work that is different from the work specified by the supply management professional this is referred to as a/an?

A. Complete review process to the request for proposal.  
B. Acceptable change for the request for proposal.  
C. Dispute resolution process to the request for proposal.  
D. Alternate Proposal for the request for proposal.  

Question # 5

An instance that may prohibit an organization from obtaining more than one proposal is called ? The reason for this includes specialization of the resources required to deliver the product or service, a lack of competition in a specific region, and regulatory restrictions. It is important to ensure that this bid is competitive based on all of your information.

A. Restricted negotiation  
B. Restricted bidding  
C. Restricted market  
D. Restricted competition  

Question # 6

A tax levied on your trade good which is based on the value of the taxed item is called a/an?  

A. Par value taxation of goods.  
B. Total value taxation of goods.  
C. Fair evaluation taxation of goods.  
D. Ad valorem taxation of goods.  

Question # 7

A precontractual document used to express the expectation of contract formation in the future is called?  

A. Purchase order agreement document.  
B. Purposeful Letter of Intent document.  
C. Solicitation response document.  
D. Statement of Work for proposed contractual obligations.  

Question # 8

Solicitations for bids take many forms the most frequently used are the offer to buy, informal bids, electronic solicitations and competitive proposals. In an offer to buy versus offer to sell situation it is advantageous for organizations to solicit suppliers offers to sell otherwise what occurs?

A. You may purchase the items twice.  
B. The goods may not have quality controls.  
C. An offer to buy may be sent to a supplier who fails to respond.  
D. You have no cost control.  

Question # 9

Negotiations can be controlled by controlling the what?  

A. Selection process or how the requests for proposals are scored.  
B. Negotiation site or location of the supply management negotiation  
C. Information flow internally and with external bidders.  
D. Negotiation team or the members of it.  

Question # 10

ISO provides guidance for continual improvement of systems.  

A. 9000  
B. 9004  
C. 15011  
D. 9001  

Question # 11

Having the necessary tools for financial analysis includes review of appropriate supply management professional resources. The financial analysis resource Dun & Bradstreet provides? 

A. Industry norms and business ratios  
B. Wholesale costs  
C. Stock market analysis  
D. Retail costs for supply management  

Question # 12

One way to categorize market conditions is through the product life cycle which consist of five stages: precommercialization, introduction, growth, decline and?

A. Maturity stage of the five stages of the product life cycle.  
B. Advancement stage of the five stages of the product life cycle.  
C. ProductMty stage of the five stages of the product life cycle.  
D. End stage of the five stages of the product life cycle.  

Question # 13

Determining usage over the entire life of the product and not by the month or year alone is referred to as ?

A. Cycle usage  
B. Part usage determination  
C. Product or part life cycle  
D. Descriptive usage technique