CORe題庫資訊, CORe學習指南, CORe證照考試, CORe真題, CORe考試重點

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ISM CORe Exam Syllabus Topics:
| Section |
Objectives |
| Supply Management Fundamentals |
- Value creation and supply chain role - Introduction to supply management concepts
|
| Procurement and Sourcing |
- Contracting and purchasing basics - Supplier selection and evaluation
|
| Operations and Demand Planning |
- Production and operations alignment - Demand forecasting fundamentals
|
>> CORe題庫資訊 <<
CORe學習指南 - CORe證照考試
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最新的 ISM CPSM CORe 免費考試真題 (Q239-Q244):
問題 #239
After lengthy and intense negotiations, a verbal agreement is reached between a buying organization and a finished goods supplier. The president of the buying organization sends a letter contract to the supplier. The supplier immediately ships goods to the buying organization and invoices for the material, before any contract is signed. At this point, is the buying firm obligated to pay the invoice?
- A. No, as the buying organization did not issue a formal purchase order.
- B. No, as there was only a verbal agreement.
- C. Yes, as a letter contract Is a valid pre-contractual agreement.
- D. Yes, the buying firm must pay for anything that the supplier ships whether agreed to or not.
答案:C
問題 #240
Which of the following industries has the MOST competitors?
- A. An industry with a high degree of horizontal differentiation
- B. An industry with high fixed costs
- C. An industry with a high degree of vertical differentiation
- D. An industry with high barriers to entry
答案:A
問題 #241
In a small town, there are two Mexican restaurants. Restaurant A serves traditional dishes from Western Mexico while Restaurant B primarily serves Northern Mexican cuisine. Many more residents of the town are willing to buy the Northern cuisine than the Western cuisine. Which of the following reasons could NOT explain why Restaurant A continues to offer a different menu than that of its competitor?
- A. Restaurant A fears that changing its menu will increase competition and erode profits.
- B. Restaurant A is able to charge higher prices for its dishes than Restaurant
- C. Restaurant A is currently earning 0 profits.
- D. Restaurant B is operating at its minimum efficient scale.
答案:C
問題 #242
A supply manager seeks bids on a new piece of capital equipment. The equipment is budgeted at $115,000.
Three suppliers send in bids of $110,000, $114,000 and 5135,000. After receiving the bids, additional negotiations with the low bidder result in a final cost of $105,000. In this situation, what should the baseline value be for calculating cost avoidance?
- A. $115,000
- B. $110,000
- C. $135,000
- D. $114,000
答案:B
解題說明:
* Initial Bids Review: Evaluate the bids submitted by the suppliers ($110,000, $114,000, and $135,000).
* Lowest Bid Consideration: The lowest initial bid of $110,000 should be the baseline because it represents the market's competitive price before any negotiation.
* Calculate Cost Avoidance: After negotiations, the final cost is $105,000. The cost avoidance is calculated against the $110,000 baseline, showing the savings achieved through negotiation.
References
* Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2016). Purchasing and Supply Chain Management. Cengage Learning.
* Burt, D. N., Petcavage, S. D., & Pinkerton, R. L. (2010). Supply Management. McGraw-Hill Education.
問題 #243
A chief executive officer (CEO) asks a supply manager to prepare a statement of work for a consultant to perform audit services. The consultant occasionally does other non-audit work for the company. In this situation, which of the following is the BEST course of action for the supply manager to take?
- A. Review professional service rates for the audit services and verify they are competitive prior to executing the statement of work
- B. Explain to the CEO the conflict of interest in contracting with an existing consultant as an auditor, and recommend alternative solutions
- C. Prioritize execution of the statement of work, as it has likely been mandated by the board of directors
- D. Recommend giving a presentation to the board of directors on the category strategy for consulting and professional services
答案:B
解題說明:
In situations where a consultant performing audit services also engages in other non-audit work for the company, a conflict of interest may arise, compromising the integrity and objectivity of the audit. It is crucial to address this issue transparently with the CEO, explaining the potential conflict and recommending alternative solutions, such as engaging a different consultant or firm for the audit. This approach ensures compliance with ethical standards and maintains the credibility of the audit process.References:
* IFAC (International Federation of Accountants) Code of Ethics for Professional Accountants.
* ISM (Institute for Supply Management) guidelines on professional services procurement.
問題 #244
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