Pass the ISM CPSM LEAD Questions and answers with CertsForce

Viewing page 4 out of 5 pages
Viewing questions 31-40 out of questions
Questions # 31:

BCD, Inc. is a worldwide household appliance maker that is distinguished in the marketplace by its reputation for customer service. In recent months, BCD has found its competitive position slipping due to increased order fulfillment time and slower response time to distributor requests for parts. Inquiries at the company's local facilities suggest that the problem is a combination of unreliable delivery and erratic production scheduling. Given this situation, which of the following should BCD do FIRST?

Options:

A.

Change procedures so that all material contracts are negotiated globally from headquarters


B.

Establish quantitative time-phased targets for ongoing performance improvement


C.

Implement a corporation-wide software solution to improve communication between local plants and headquarters


D.

Create a special planning group to review and revise plant production schedules


Expert Solution
Questions # 32:

MNO, Inc. hires a contractor to renovate its office space. The firm pays a deposit for new countertops for the office’s cafeteria, but the contractor states that it will not be able to install the new countertops by the agreed upon date. The space needs to be completed on time for a planned grand opening event. Which of the following is the BEST course of action for MNO to take?

Options:

A.

Withhold further payment to the contractor until the contractor makes arrangements to complete the contract as negotiated


B.

Seek remedy from the contractor for the uncompleted portion of the contract and award the remaining portion to another supplier


C.

Dismiss the contractor, request a refund of all deposits, and hire the second best contractor from the bid process


D.

Determine when the contractor can complete the cafeteria space, and schedule the event for one week later


Expert Solution
Questions # 33:

As part of a firm's global cost reduction strategy, a supply manager has been asked to lead a team of purchasing professionals from several different countries. Because of the wide variety of cultures represented on the team, it will be MOST important for the supply manager to

Options:

A.

implement a cloud-based collaboration tool


B.

schedule calls at times convenient for all members


C.

determine and focus on the need for the team


D.

focus on selecting team members of similar ages


Expert Solution
Questions # 34:

A supply manager is evaluating the firm's supply management training courses developed for non-department staff. Which of the following should the supply manager address FIRST when evaluating these courses?

Options:

A.

"Is the participation rate reasonable considering the total number of employees?"


B.

"Are the costs of training reasonable compared to the results?"


C.

"Do the skills learned in the courses support organizational goals?"


D.

"Are the instructors appropriately certified to teach the subject matter?"


Expert Solution
Questions # 35:

A buyer for TUV, Inc. transfers to headquarters from one of the company's subsidiaries. The buyer creates performance concerns for the department by ignoring policies regarding attendance, failingto document transactions properly and lacking focus. The department manager learns that the buyer did not receive training following the transfer because TUV's policies and procedures at headquarters differ only slightly from those within the divisions. Given this situation, which of the following is the BEST course of action for the department manager to take?

Options:

A.

Admonish the employee for not meeting expectations


B.

Request that human resources (HR) conduct a gap analysis


C.

Provide the buyer with additional training


D.

Revise performance evaluation criteria for transferred employees


Expert Solution
Questions # 36:

An organization wishes to implement principles of world-class logistics management. Which of the following is the MOST appropriate type of goal for integrating such activities?

Options:

A.

Divisional


B.

Functional


C.

Management


D.

Strategic


Expert Solution
Questions # 37:

A company has a strict policy of limiting employee gifts from suppliers to no more than S25. An employee violates this policy by accepting an $80 ticket to a sporting event from a regular supplier. Given this situation, which of the following is the BEST course of action for this employee’s supervisor to take?

Options:

A.

Conduct face-to-face training with the employee on company policy


B.

Dismiss the employee for violating company policy


C.

Deduct the S80 from the employee's paycheck


D.

Warn the supplier that its contract will be terminated if any such gift is given again


Expert Solution
Questions # 38:

A supply manager wants to promote interdepartmental interaction, encourage highly-motivated employees, and expand understanding of how supply management's role relates to the larger organization. The manager hopes to improve long-range planning and help internal customers gain an appreciation for supply management's value. Which of the following would MOST likely help to achieve the supply manager’s goal?

Options:

A.

Job rotation


B.

Sponsor/mentor


C.

Computer-based training


D.

Gap analysis


Expert Solution
Questions # 39:

A supply manager is looking to engage internal stakeholders. The supply manager contacts the digital marketing team to understand what projects they are working on and where procurement can add value. The digital marketing team has not dealt with procurement in the past and does not understand what support supply management can provide. Which of the following is the NEXT step supply management should take?

Options:

A.

Conduct a needs analysis with the digital marketing stakeholders


B.

Send the team procurement studies to demonstrate their knowledge of the field


C.

Establish rules and guidelines for departments not previously engaged


D.

Schedule time with the team's leadership to discuss engagement


Expert Solution
Questions # 40:

Smith is a supply manager for UVW, Inc. In late June, a stakeholder asks Smith to issue a request for proposal (RFP) with a due date of August 8. Smith makes an error in the RFP and indicates the deadline as August 15. Smith discovers the error several weeks later and, without consulting the supervisor, contacts the stakeholder to say that some potential suppliers could not meet the August 8 deadline and requested that the deadline be extended to August 15. The stakeholder grudgingly agrees to the extension. Smith’s supervisor learns of the attempted cover-up before the original due date. Which of the following is the BEST way for the supervisor to handle this situation?

Options:

A.

Do nothing, as the stakeholder already agreed to the extra week, and telling the stakeholder what happened could damage the department's credibility


B.

Explain the situation to the stakeholder, contact the suppliers, and request that they submit their responses by August 8 as originally required


C.

Contact the stakeholder and explain the situation, accept bids through August 15, and reprimand Smith in accordance with HR policy


D.

Call the stakeholder, and explain that although the suppliers did not request an extension, the additional time for response will likely increase quality, and thus the extension will be of benefit


Expert Solution
Viewing page 4 out of 5 pages
Viewing questions 31-40 out of questions