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ISM CPSM Bridge Sample Questions:

1. Hazard communication standards were developed in order to?

A) Ensure that employers disclose environmental issues.
B) Ensure records maintenance for Lost man-hour rates (LMHR).
C) Ensure that employers disclose chemical safety.
D) Ensure that employers disclose to workers the physical dangers in the workplace for the products they are working with.

2. The Collaborative Planning Forecasting and Replenishment initiative allows for collaboration in all processes across the supply chain. The CPFR was developed by what organization?

A) International Standards Common
B) Voluntary commodity standards board
C) International Standards Organization
D) Voluntary Inter-industry Commerce Standards Association

3. What are the two associated risks when developing a supplier exit strategy?

A) Employee morale and supply limitations.
B) Supplier confrontation and negative publicity.
C) Lack of supply and customer complaints.
D) Legal and financial requirements.

4. The decline phase is characterized by what?

A) Slower sales and decline of financial impact.
B) Decline in overall business volume.
C) Pursuit of lower cost sources, asset recovery, and use of subcontractors.
D) Asset recovery and maturity costs.

5. In response to declining prices, strategies including global sourcing, cost reduction and minority supplier programs are what types of strategy?

A) Indirect cost-cutting strategies.
B) Profit margin based strategies.
C) Sales marketing based strategies.
D) Direct cost-cutting strategies.

Solutions: