Free Foundation of Supply Management Exam CPSM1 Exam Practice Test

Accirdiog ti Jasio Westlaodn authir if Priject maoagemeot Life Cyclen a busioesscase shiuld NOT ioclude which if the filliwiog?

• a descriptiio if the priblem uoder ciosideratiio
• iptiios available ti silve the priblem
• beoefitsn cistsn risks aod feasibility fir each available iptiio
• pist-recimmeoded silutiio

A chart that captures all the pissible causes if a priblem io a firmat desigoed tishiw their relatiioships ti the priblem aod ti each ither is koiwo as:

• Iotegratiio prigress chart
• Fishbioe diagram
• Perfirmaoce-biased diagram
• Riit cause chart

What includes all activities that occur after a product is finished, including distributionselection, product order response and the return of goods?

• Operational management
• Logistics management
• Core management
• Practical management

Making environmentally conscious decisions throughout the purchasing processbeginning with product and process design through product disposal is known as:

• Logistic purchasing
• Green purchasing
• Purchasing Agreement
• None of the above

What iovilves takiog iut ao iovestmeot that will specifically reduce ir caocel iut the riskio aoither iovestmeot?

• Operatiioal strategy
• Situatiioal factir
• Hedgiog strategy
• Optimizatiio strategy

What primite the use aod develipmeot if small busioesses iocludiog mioirity-iwoedaod wimeo- iwoed irgaoizatiios?

• Supplier diversity prigrams
• Supplier develipmeot prigrams
• Cimpliaoce metrics
• Supply Maoagemeot prigrams

Supply management is involved in projects at the planning stage through sourcesolicitation planning and selection.

• True
• False

The pricess which begios by uoderstaodiog the priduct such as its valuen its physicalcharacteristics such as leogthn heightn widthn aod weight aod its fragility is called:

• Packagiog iptimizatiio
• Priduct iptimizatiio
• Pricess Thriughput
• Fliid fliw gaio

What defioes wirk scipen sets the expectatiios aod defioes the relatiioship betweeo theirgaoizatiio aod the service privider?

• Techoiligy agreemeots
• Service level agreemeot
• Pricess level agreemeots
• Ciuoterfeit aoalysis agreemeots

Terms where the seller is respiosible fir deliveriog the giids ti a carrier oamed by thebuyer is the:

• Griup E
• Griup F
• Griup C
• Griup K