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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

A supply manager submits requests for additional personnel and equipment, which are approved. However, the organization's training budget is cut, giving less opportunity to train new employees. The supply manager is concerned that this will adversely affect the department's ability to build expertise. Given this situation, which of the following is the MOST effective action for the supply manager to take?

Options:

A.

Present justification showing how training supports cost reduction goals

B.

Utilize available training funds early in the year to gain maximum impact

C.

Fill fewer positions than approved and re-direct savings to training

D.

Seek highly-qualified applicants who will require less training

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Question 2

A buyer for DEF, Inc. has been exceeding spending authority on agreements with several new suppliers. Which of the following Is an accurate statement regarding DEF's liability in this situation?

Options:

A.

DEF is only liable for an amount equal to the buyer's actual authority level.

B.

DEF is fully liable for the agreements, as the buyer is an employee of the company.

C.

DEF is responsible for the agreements if the buyer exceeded actual authority, but the suppliers perceived the spend to be within apparent authority.

D.

DEF is responsible for the agreement if the buyer exceeded actual and apparent authority levels, but only for a value equal to the apparent authority amount.

Question 3

ABC, Inc. has a supply management department responsible for placing orders. In spite of this, a designer from ABC's engineering department places an order with Supplier X for several products.

When the shipment arrives, it is rejected by the receiving department, as they cannot verify the order with supply management. To avoid this situation, the designer should have

Options:

A.

notified the supervisor of the engineering department of the immediate need for the item

B.

requested supply management issue an "after the fact" purchase order

C.

coordinated product needs with supply management prior to order commitment

D.

delayed placing the order until after looking at comparable items from other suppliers