Free LEAD Questions for ISM Leadership and Transformation in Supply Management LEAD Exam as PDF & Practice Test Engine
Which of the following requires that exporters certify electronic components are free of certain hazardous materials through the placement of a certification sticker on the unit?
Correct Answer: D
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An organization institutes a program whereby employees visit a local high school to meet with students and introduce them to careers in business. This firm is likely to be one that has a
Correct Answer: A
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A service manager is reviewing the operational risk of communicating with field engineers on site. The reliability of each component is as follows:
Engineers' cellular phone reliability: 85%
Cellular network reliability: 97%
Service manager's cellular phone reliability: 85%
What is the reliability of the communications?
Engineers' cellular phone reliability: 85%
Cellular network reliability: 97%
Service manager's cellular phone reliability: 85%
What is the reliability of the communications?
Correct Answer: B
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A supply chain's stability, as well as its ability to continue business or recover from a major disruption, is BEST predicted by
Correct Answer: A
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A water bottling company pays a third party $0.05 each for its tamper-evident bottle closures. This cost can BEST be described as
Correct Answer: B
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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
Correct Answer: D
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Members of a cross-functional team have each had a chance to present their ideas. Afterwards, the members discuss these ideas in detail, on occasion arguing and testing one another. After this process is complete, the team can move on to which phase of team formation?
Correct Answer: C
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CDE Corporation prides itself on maintaining high standards of social responsibility and expects its suppliers to adhere to similar standards, especially for safety. CDE identifies potential sources and wants to be sure on-site personnel at these suppliers are trained in CDE's procedures. Which of the following is the BEST course of action for CDE to take to ensure suppliers receive safety training in compliance with its expectations?
Correct Answer: B
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Which of the following factors influencing department effectiveness are MOST directly under supply management's control?
Correct Answer: D
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PQR, Inc., a company with operations in a single country, merges with a firm that has operations in ten countries. PQR's supply manager wants to be sure the combined firm continues to attract diverse talent across all international operations. The supply manager believes that contingent labor in particular will be critical over the next few years. Given this situation, which of the following is the BEST course of action for the supply manager to take?
Correct Answer: D
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A subsidiary of a medical equipment company buys raw materials from suppliers contracted through the central commodity management group, which is located at corporate headquarters. The president of the local woman-owned merchants association contacts the firm's supply manager and asks why the firm does not support the local economy, as some of the raw materials are available from nearby woman-owned suppliers. Which of the following is the BEST way for the supply manager to address this concern?
Correct Answer: C
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A supply management department is experiencing unusually high turnover, and some employees are even leaving for positions with lower salaries or titles. Exit interviews reveal dissatisfaction with the repetitive nature of work and frustration that the department offers few opportunities for professional growth. Which of the following relates MOST closely to these concerns?
Correct Answer: D
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In order to ensure that employee performance measures are aligned with the overall business model and the strategic direction of the organization, the supply management department's goals and objectives should be
Correct Answer: A
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An employee who has been competent and reliable in the past suddenly exhibits erratic behavior and makes mistakes which could have a serious impact on the department as well as the company. The department supervisor learns that the employee is trying to cope with extraordinary family challenges. Given this situation, which of the following is the BEST course of action for the supervisor to take?
Correct Answer: C
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A company restructures its supply management department by creating commodity management teams with representatives from procurement, engineering, quality and production. These new teams have complete responsibility for their assigned commodities, including sourcing, quality, inventory planning and risk/cost management. Six months later, there is significant progress in a few commodity areas, but some teams are still not working smoothly together. To assess the impact of the commodity teams, which of the following measurements will offer the MOST useful information?
Correct Answer: A
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