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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

The chief executive officer (CEO) of a candy company directs the firm to source, produce and market a line of organic clothing. The firm's internal stakeholders are not in agreement with the CEO. In this situation, which of the following courses of action should supply management take?

Options:

A.

Create a steering committee

B.

Poll external stakeholders for input

C.

Select the best source of supply

D.

Perform cost regression analysis (CRA)

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Question 2

When developing a category management plan, which of the following is the BEST reason for soliciting cross-functional input?

Options:

A.

It facilitates Input from stakeholders and other functional areas to ensure a long-term solution.

B.

It provides an opportunity to demonstrate non-linear leadership.

C.

It allows the category manager to gain important insights from the supply management team.

D.

It enables the category manager to resolve conflicting views and priorities for goods or services.

Question 3

A procurement manager solicits bids for renovation of a building and writes a service level agreement. The agreement includes language regarding the proper disposal of waste. This is an example of a(n)

Options:

A.

regulatory requirement

B.

zead time requirement

C.

cost goal

D.

engineering specification