Oct 14, 2021 Step by Step Guide to Prepare for CPSM Exam BrainDumps
ISM CPSM CPSM Real Exam Questions and Answers FREE Updated on 2021
NEW QUESTION 15
A macro-level evaluation of an organization's internal and external forces is called:
- A. Paradox analysis
- B. SWOT analysis
- C. Functional analysis
- D. Expert analysis
Answer: B
NEW QUESTION 16
What is used to lessen the potential biases commonly found using a jury of executive opinion?
- A. Series foundation forecasting method
- B. Delphi method
- C. Structured method
- D. Averaging method
Answer: B
NEW QUESTION 17
What assess performance over a set period of time, most often the preceding year, and recognize accomplishments and successes?
- A. Formative evaluations
- B. Challenging evaluations
- C. Summative evaluations
- D. Conductive evaluations
Answer: C
NEW QUESTION 18
Organizations that perform freight auditing are called:
- A. Service consultants
- B. Transportation consultants
- C. Auditing consultants
- D. Traffic consultants
Answer: D
NEW QUESTION 19
Postproduction inspections to ensure the quality of a good or service, and end of process activity to control quality is referred to as:
- A. Quality improvement
- B. Quality management
- C. Quality control
- D. Quality assurance
Answer: C
NEW QUESTION 20
The adaptation which responds
to the needs
of the
organization by using a combination of functional, matrix and projectized structures is known as:
- A. Organic structure
- B. Natural structure
- C. Crude structure
- D. Inorganic structure
Answer: A
NEW QUESTION 21
The process of accessing progress toward achieving predetermined goals is called:
- A. Support center
- B. Efficiency evaluation
- C. Professional development
- D. Performance measurement
Answer: D
NEW QUESTION 22
The ratio of annual operating income to the total capital put in the business is called:
- A. Operating efficiency
- B. Return on investment
- C. Profit margin
- D. Return on asset
Answer: B
NEW QUESTION 23
The re-employment, reuse, recycling or regeneration of something of value that is no longer necessary for the original intent is called:
- A. Inventory recovery
- B. Asset recovery
- C. Supply chain recovery
- D. Financing recovery
Answer: B
NEW QUESTION 24
The time that elapses from placement of an order until receipt of the order is called:
- A. Control time
- B. Lead time
- C. Follow up time
- D. Central time
Answer: B
NEW QUESTION 25
What is used to establish a relationship between the cost, schedule and technical aspects of a project?
- A. Earned value management system
- B. Cost Lead system
- C. Resource management system
- D. Key performance indicator systems
Answer: A
NEW QUESTION 26
What involves selected practices and
measurements
that are
compared from one organization to another?
- A. Process assessment
- B. Benchmarking
- C. Cultural reviews
- D. Flowcharting
Answer: B
NEW QUESTION 27
Seasonality can be forecast using a multiplicative model to create a seasonal index.
- A. True
- B. False
Answer: A
NEW QUESTION 28
Which of the following essentially translate an organization's business plan into an operation plan?
- A. Staffing plan
- B. Services resources
- C. Requirement plan
- D. Capital investment plan
Answer: A
NEW QUESTION 29
A distribution system in which freight moves in and out of a distribution center or point without ever being stored there is referred to as:
- A. Water-fronting
- B. Cross-docking
- C. Mild-wharfing
- D. Disembarking
Answer: B
NEW QUESTION 30
Which of the following is NOT the area of Sarbanes-Oxley Act?
- A. Leadership time
- B. Waiting period
- C. Audit committees
- D. Loan prohibition
Answer: A
NEW QUESTION 31
Organizations less familiar with the discipline of project management usually begin by creating task forces or committees within each role to tackle problem, known as:
- A. Functional structure
- B. Performance Management
- C. Procurement Management
- D. Procedural structure
Answer: A
NEW QUESTION 32
distributing materials
in support
of
A warehouse for storing and shipping material, usually finished goods, often located apart from the manufacturing site is called:
- A. Allotment center
- B. Merchandise center
- C. Distribution center
- D. Divisional center
Answer: C
NEW QUESTION 33
An intermediary who brings the buyer and the seller together is the:
- A. Dealer
- B. public surplus
- C. their-party specialist
- D. Broker
Answer: D
NEW QUESTION 34
A facility used
for
receiving, storing
and
organizational strategies is known as a:
- A. Commodity
- B. Terminus
- C. Depot
- D. Warehouse
Answer: D
NEW QUESTION 35
Forecasters also estimate bias by using a , which is a ratio of the running sum of forecast errors to the cumulative Mean Absolute Deviation (MAD).
- A. Tracking signal
- B. Key pointer
- C. Single period method
- D. Mean square error method
Answer: A
NEW QUESTION 36
and are two
examples of organizations that operate in projectized structure environment.
- A. Small accounting firms and construction organizations
- B. Large Procurement firms and production organizations
- C. Large accounting firms and construction organizations
- D. Large accounting firms and assembly organizations
Answer: C
NEW QUESTION 37
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