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ISM Certified Professional in Supply Management (CPSM) Sample Questions (Q53-Q58):

NEW QUESTION # 53
Two back-to-back quarters of negative gross domestic product growth is referred to as:

A. Nose-dive
B. Recession
C. Hunch
D. Obsolescence

Answer: B

NEW QUESTION # 54
A scoreboard is simply a form of performance measurement and management that records the ratings from a performance evaluation process.

A. True
B. False

Answer: A

NEW QUESTION # 55
A form of network diagram that graphically portray the sequential relationships and interdependence between the project tasks is called:

A. Evolutionary Method
B. Critical Path Method
C. Steps Forward Method
D. Development Method

Answer: B

NEW QUESTION # 56
The mean of at least two recent periods of demand data is the basis for the next period's demand forecast is the description of which quantitative forecast method?

A. Weighted moving average
B. Exponential smoothing forecast
C. Simple moving average
D. Naive forecast

Answer: C

NEW QUESTION # 57
Supply management is involved
in projects at the planning stage through source solicitation planning and selection.

A. True
B. False

Answer: A

NEW QUESTION # 58
......

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