Free ISM LEAD Exam Practice Questions
Leadership and Transformation in Supply Management
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ISM LEAD Exam Sample Questions & Answers
After analyzing its relationships with other departments, supply management decides to revise its stocking levels and order forecasting in order to streamline processes and reduce costs. Which of the following is the BEST way for the supply management organization to introduce these changes to the departments involved?
A company's supply management department operates within a risk management framework using ISO 31000:2018. The supply management department reviews strengths, weaknesses, opportunities, and threats and establishes a risk matrix for its threats. Based on ISO 31000:2018, is this sufficient to identify risk and focus?
A firm wishes to lessen its environmental impact within the community. However, the firm must first establish a baseline measurement. In this situation, which of the following is the BEST way for the firm to measure its supply base's sustainability performance?
A supply manager is serving on a large-scale project team in another country. To encourage the team's efforts, an early completion incentive is linked to the project. During an on-site visit, a local government official pulls the supply manager aside and offers to expedite a required approval in return for a $500 "administration" fee paid in cash.
Given this situation, which of the following is the MOST appropriate course of action for the supply manager to take?
A manufacturing company tasks supply management with implementing a risk management program for its enterprise resource planning (ERP) system, which impacts several departments. In this situation, which of the following is the FIRST step supply management should take?
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