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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. The uniform set of rules used to clarify the risks, costs, and obligations of buyers and sellers in international transactions is called?

A) International terms of the International Chamber of Commerce (ICC).
B) Uniform rules of the International Commercial Terms.
C) Incoterms The International Commercial Terms
D) International transactions of the International Chamber of Commerce (ICC).

2. Financial risk is determined by the events that occur within the framework of the organization. A patent infringement claim is most likely to occur in which industry?

A) Healthcare industry
B) Food service industry
C) Retail software industry
D) Automotive industry

3. A benefit of pipeline shipping is that it is dependable and?

A) Safe for the environment.
B) Safe for employees who work around it.
C) Low cost of usage and maintenance.
D) Available 24 hours a day,

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

5. Lodging Supply Industries has developed a new line of "green" products for use in the hotel and spa industry they want to minimize "time to market" What is the BEST course of action for Lodging Supply
Industries to increase product adaptability?

A) Develop a multidisciplinary team for ramp-up.
B) Perform a market entry analysis.
C) Perform a small test sample.
D) Acquire additional logistical support for deployment.

Solutions: