Free ISM LEAD Exam Questions

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

Which of the following is the FIRST step that a supply manager should take to ensure proper social responsibility in the management of regulated materials? 

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 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?

In which phase of team development do group members challenge each other and compete against one another to assume leadership?