New 2024 Latest Questions CPSM Dumps – Use Updated ISM Exam [Q66-Q89]

NEW QUESTION 66
The costs of logistics services should be determined; these costs plus an added value or markup becomes the:

NEW QUESTION 67
What can be described as a precise and measurable variable that is inherently present in the characteristics of a product or service?

NEW QUESTION 68
Which of the following is NOT the type of budget that the supply management budget includes?

NEW QUESTION 69
Applying the value of existing equipment against the purchase of new is referred to as:

NEW QUESTION 70
and are two
examples of organizations that operate in projectized structure environment.

NEW QUESTION 71
The time that elapses from placement of an order until receipt of the order is called:

NEW QUESTION 72
What refers to the set of electronic tools used by world-class organizations to generate,
process, transfer, interpret and use information?

NEW QUESTION 73
The purpose of is to determine whether or not an organization’s financial
statements are
prepared in accordance with generally
accepted accounting principles.

NEW QUESTION 74
What is used to obtain general information about products, services or suppliers and is information request, not binding on either the supplier or the purchaser?

NEW QUESTION 75
A valid concept of connectedness that allows an organization to maintain a high level of confidence in its distribution system is the:

NEW QUESTION 76
The mean of at least two recent periods of demand data is the basis for the next period’s demand forecast is the description of which quantitative forecast method?

NEW QUESTION 77
Which of the following essentially translate an organization’s business plan into an operation plan?

NEW QUESTION 78
Two back-to-back quarters of negative gross domestic product growth is referred to as:

NEW QUESTION 79
The implementation of a measurement-based strategy aimed at reducing variances and improving processes is the objective of:

NEW QUESTION 80
A standard
of point
of reference
used in measuring or judging an organization’s performance according to selected criteria is called:

NEW QUESTION 81
To find a mathematical formula that will approximately generate the historical demand patterns in a time series is the goal of:

NEW QUESTION 82
confirms that a change has occurred in the economy and tends to follow changes in the economy.

NEW QUESTION 83
Which of the following are the three types of supplier audits?

NEW QUESTION 84
A macro-level evaluation of an organization’s internal and external forces is called:

NEW QUESTION 85
Postproduction inspections to ensure the quality of a good or service, and end of process activity to control quality is referred to as:

NEW QUESTION 86
Which of the following is NOT the group of International Commercial Terms?

NEW QUESTION 87
What help supply management personnel develop an appropriate sourcing strategy for items purchased, based on profit impact and supply risk?

NEW QUESTION 88
A managerial and organizational approach used to integrate the supply management functions in an organization is referred to as:

NEW QUESTION 89
Which system was designed to align individual, unit and organizational efforts with the strategic goals set for the organization?