Free ISM LEAD Exam Questions

Which of the following requires a working knowledge of payback and net present value? 

A firm's human resources (HR) department would like to expand a successful training program butdoes not have funding to do so. The firm's supply manager believes that strategic sourcing of other HR spend categories can reduce costs to provide funding for the training program. Which of the following influencing tactics should the supply manager use FIRST in order to convince HR to employ strategic sourcing? 

Two gourmet food companies merge, and the combined entity attains an increase in its market share. The firm is considering an expansion of its product line, but material costs have risen and stock shortages are creating problems which need to be resolved before any expansion takes place. The firm’s supply managers find that no clear definition of responsibilities was outlined during the merger process for several commodity categories. Which of the following did executive management fail to address? 

A new buyer is hired, and over time the department supervisor notices the buyer's writing style is consistently unprofessional. To improve the buyer's written communications, the supervisor edits several of the buyer's memos, and returns them with a note as an example of how company communications should be written. However, this does not result in any changes in the buyer’s writing style. How should the supervisor rate the "written communication" portion of the buyer's performance review?

A U.S. company wants to expand its business and market to the government. This will requiregovernment approval of a small business plan, encompassing proposed spend with several categories of small businesses. The firm’s supply manager has been asked to investigate the requirements to comply with this new market. Which of the following is the BEST course of action for the supply manager to take in this situation?