Free ISM CORE Exam Questions

According to the Law of Agency, a supply manager acting as an agent makes decisions and acts in whose interest(s)?

As interest rates rise, what will MOST likely be the effect on supply? 

Which of the following contract types is an agreement to pay a specified price when the items or services have been delivered and accepted?

At what point in the development of a category strategy should spend review occur? 

A supply manager for TUV, Inc. receives a call from an internal stakeholder complaining that for the past several months, one of TUV's longtime suppliers has been late with shipments, disrupting production. The Internal stakeholder has left several messages with the supplier, which have all gone unanswered. The supply manager listens to the stakeholder's concerns and states that these recent occurrences are atypical for this supplier. The supply manager offers to set up a call with the internal stakeholder and the supplier to discuss the situation and determine how the parties can move forward. Which of the following BEST describes the supply manager's role in this situation?