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Viewing questions 31-40 out of questions
Questions # 31:

A supply manager is evaluating the firm's supply management training courses developed for non-department staff. Which of the following should the supply manager address FIRST when evaluating these courses?

Options:

A.

"Is the participation rate reasonable considering the total number of employees?"

B.

"Are the costs of training reasonable compared to the results?"

C.

"Do the skills learned in the courses support organizational goals?"

D.

"Are the instructors appropriately certified to teach the subject matter?"

Questions # 32:

A procurement manager for JKL, Inc. wants to integrate the firm’s three procurement teams. The teams are located in different countries and employ over one hundred staff members in total. The manager wants to use technology-driven processes to analyze data across all three countries and develop a data visualization approach to be used in communications with senior management. Given this situation, which of the following is the BEST course of action for the procurement manager to take?

Options:

A.

Employ a data mining tool for use in the operations within the three countries

B.

Standardize a formal dashboard to consistently report key performance indicators

C.

Apply the use of telematics in all three countries

D.

Evaluate the application of wearable technology across the procurement staff in all three countries

Questions # 33:

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 afew 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?

Options:

A.

Inventory turns

B.

Purchase price

C.

Delivery to schedule

D.

Total cost

Questions # 34:

A chemical company sets a standard cost for a key component at $5 per unit. The firm values inventory at standard cost. The firm plans to purchase 10,000 units during the month of March, but at the end of the month, they realize they actually purchased 12,000 units, at a cost of $4.50 per unit.

What is the firm's Purchase Price Variance (PPV) for the month of March?

Options:

A.

($6,000.00)

B.

($4,000.00)

C.

$4,000.00

D.

$6,000.00

Questions # 35:

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

Options:

A.

established at the start of each calendar year

B.

approved by the chief financial officer

C.

treated as confidential information

D.

developed at the senior executive level

Questions # 36:

Which of the following is considered a "right-to-know" requirement concerning hazardous substances?

Options:

A.

HMTA (Hazardous Material Transportation Act)

B.

RCRA (Resource Conservation and Recovery Act)

C.

CERCLA (Comprehensive Environmental Response, Compensation, and Liability Act)

D.

HCS (Hazard Communication Standard)

Questions # 37:

A buyer for TUV, Inc. transfers to headquarters from one of the company's subsidiaries. The buyer creates performance concerns for the department by ignoring policies regarding attendance, failingto document transactions properly and lacking focus. The department manager learns that the buyer did not receive training following the transfer because TUV's policies and procedures at headquarters differ only slightly from those within the divisions. Given this situation, which of the following is the BEST course of action for the department manager to take?

Options:

A.

Admonish the employee for not meeting expectations

B.

Request that human resources (HR) conduct a gap analysis

C.

Provide the buyer with additional training

D.

Revise performance evaluation criteria for transferred employees

Questions # 38:

RST Petroleum and Fuel, Inc. ensures that its refineries follow all OSHA regulations, particularly with regard to personal protection and safety training. RST's Safety Data Sheets (SDS) are accessible on the intranet for all employees to view.

RST hires a new janitorial service to clean all of its offices, restrooms and showers. The janitorial service insists on supplying its own cleaning products. RST agrees to this, but wants the service to provide the SDS for its products, to be posted on the RST intranet site. Although the janitorial service has been working at RST for three months and has been doing an excellent job, it fails to provide RST with the requested information.

Given this situation, which of the following should RST do?

Options:

A.

Cancel the contract with the janitorial services firm for breach

B.

Discontinue work with the janitorial services firm until the SDS are provided

C.

Ignore the situation, as the OSHA regulations do not pertain to a contractor’s materials

D.

Notify the janitorial service that it is in breach of contract

Questions # 39:

A supply management employee's performance has deteriorated, and the employee now exhibits disregard for organizational policies and procedures. The department manager decides to take progressive disciplinary measures. However, before proceeding, the manager wants to be sure that these actions are defensible. Which of the following would provide the BEST support for the manager's position?

Options:

A.

Documenting and responding immediately to the employee's next offense

B.

Ensuring that the employee has a positive example to emulate

C.

Beginning with verbal reprimands and moving to written warnings only if necessary

D.

Documenting that the employee was aware of the rules prior to the infraction

Questions # 40:

Under which of the following circumstances is the effectiveness of a project team MOST likely to be enhanced?

Options:

A.

When the team leader has clear authority and knowledge of subjects discussed

B.

When the team members are willing and able to make ongoing time commitments

C.

When the team leader feels comfortable working independent of outside relationships

D.

When the team members are collectively responsible for reaching the team's goals

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Viewing questions 31-40 out of questions
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