Online Access Free CPSMB Practice Test

Supply management professionals are subject to and responsible for adhering to Regulation by OSHA,
EPA, DOT and?

• A.Central Intelligence Agency CIA
• B.Federal Bureau of investigation FBI
• C.US Immigration and Services INS
• D.Department of Homeland Security DHS

The independent organization which conducts research with the goal of practical solutions to complex environmental and health problems is?

• A.Inform, Us
• B.Inform, Inc.
• C.Informatica
• D.Inform, Them

If a supply management professional recommends the purchasing of an ordering system that reduces cycle time they are affecting or enacting what?

• A.Their position to affect policy matters within the organization.
• B.Their influence on buying processes and position to affect policy matters within the organization.
• C.Recommendations for new supply equipment.
• D.Their influence on buying processes.

A key section of the business plan deals with product pricing structure. The organization may use multiple pricing strategies based on each business unit, customer segmentation, and demand what is the main decision related to product price structure?

• A.Whether to use Time & Materials contracts?
• B.Whether to use a market based approach or cost approach?
• C.Whether to use loss leader pricing?
• D.Whether to use market demand pricing?

Stakeholder analysis is important when leveraging spend through execution of strategy. Articulating the objectives of the target initiative is a component of which part of the stakeholder analysis?

• A.Identification of the stakeholder group
• B.Evaluating levels of alignment and involvement
• C.Evaluation of importance
• D.Evaluating the relationships