ISM CORE EXAM QUESTIONS ARE OUT: DOWNLOAD AND PREPARE [2025]

ISM CORe Exam Questions Are Out: Download And Prepare [2025]

ISM CORe Exam Questions Are Out: Download And Prepare [2025]

Blog Article

Tags: CORe Reliable Test Preparation, CORe Learning Mode, CORe Exam Questions And Answers, CORe Test Voucher, Test CORe Dump

2025 Latest TestValid CORe PDF Dumps and CORe Exam Engine Free Share: https://drive.google.com/open?id=1N8wpOEZtJHntGfhN_6vxW6N0wHHpOgn5

We know that it is hard to stay and study for the Supply Management Core Exam (CORe) exam dumps in one place for a long time. Therefore, you have the option to use Supply Management Core Exam (CORe) PDF questions anywhere and anytime. TestValid Supply Management Core Exam (CORe) dumps are designed according to the ISM CORe certification exam standard and have hundreds of questions similar to the actual Supply Management Core Exam (CORe) exam.

HBX CORe (Credential of Readiness) is an online program offered by Harvard Business School that provides a comprehensive introduction to business concepts. The program consists of three courses: Business Analytics, Economics for Managers, and Financial Accounting. HBX CORe is designed to help individuals gain essential business skills needed for success in various industries. The final step in completing the program is the HBX CORe Final Examination.

>> CORe Reliable Test Preparation <<

CORe Reliable Test Preparation - 100% Pass Realistic ISM Supply Management Core Exam Learning Mode

Obtaining a CORe certificate can prove your ability so that you can enhance your market value. When you want to correct the answer after you finish learning, the correct answer for our CORe test prep is below each question, and you can correct it based on the answer. In addition, we design small buttons, which can also show or hide the CORe Exam Torrent, and you can flexibly and freely choose these two modes according to your habit. In short, you will find the convenience and practicality of our CORe quiz guide in the process of learning. We will also continue to innovate and improve functions to provide you with better services.

HBX CORe (Credential of Readiness) is an online program offered by Harvard Business School that provides a comprehensive overview of business fundamentals. The program is designed to equip individuals with the foundational skills necessary for success in business, including accounting, economics, and statistics. The program is ideal for those who are looking to enhance their business knowledge, whether they are early-career professionals or established executives.

ISM Supply Management Core Exam Sample Questions (Q188-Q193):

NEW QUESTION # 188
Which of the following is the BEST reason for inviting suppliers to visit a buying organization's facilities to meet with the company's stakeholders?

  • A. To gain a better understanding of suppliers' constraints
  • B. To enhance the understanding between suppliers and internal customers
  • C. To better position supply management's influence in the manufacturing process
  • D. To ensure the suppliers know which internal customers to contact at the buying organization

Answer: B

Explanation:
* Supplier Visits: Inviting suppliers to visit the buying organization's facilities provides them with firsthand experience of the operational environment and requirements.
* Enhanced Understanding: Direct interactions between suppliers and internal customers facilitate better communication, mutual understanding, and alignment of expectations.
* Building Relationships: This practice helps build stronger relationships, leading to better collaboration and more effective problem-solving.
* Operational Insights: Suppliers gain valuable insights into the buying organization's processes, which can help them tailor their products or services more effectively to meet specific needs.
References
* ISM. (n.d.). Supplier Relationship Management (SRM).
* CIPS. (n.d.). Enhancing Supplier Engagement and Collaboration.


NEW QUESTION # 189
A US-based manufacturing firm receives a quoted price for an item from an offshore supplier of $.40 each (in US dollars), delivered duty paid to its US plant per Incoterms 2020 rules, in minimum quantities of 20,000 units. The buying organization uses 80,000 units per year, and the carrying cost is 25%. The item price is fixed for one year. What are the total costs of purchasing annual requirements from this supplier?

  • A. $40,000
  • B. $36,000
  • C. $32,000
  • D. $33,000

Answer: C

Explanation:
* Given Data:
* Unit price: $0.40
* Annual usage: 80,000 units
* Carrying cost: 25%
* Minimum order quantity: 20,000 units
* Total Purchase Cost:
* Unit price multiplied by annual usage: $0.40 * 80,000 = $32,000
* Additional Costs:
* As the item price is fixed and includes delivery (DDP Incoterms 2020), there are no additional duties or transportation costs.
* Carrying Cost Calculation:
* For the minimum order quantity, the carrying cost is not a factor because the question specifies a
* fixed price per unit delivered.
* Conclusion: The total cost of purchasing 80,000 units per year at $0.40 each is $32,000.
References
* Incoterms 2020 by International Chamber of Commerce (ICC).
* Supply Chain Management: Strategy, Planning, and Operation by Sunil Chopra.
* The Handbook of Logistics and Distribution Management by Alan Rushton, Phil Croucher, and Peter Baker.


NEW QUESTION # 190
PQR, Inc. is a small manufacturing firm that is rebuilding its customer base after emerging from bankruptcy.
PQR now projects growing demand for its products. PQR's supply manager is planning negotiations with a key supplier that has worked well with the firm in the past. Which of the following is the STRONGEST factor the supply manager can use to improve PQR's negotiating position?

  • A. There is considerable competition among suppliers.
  • B. PQR wants to enhance long-term supplier relationships.
  • C. PQR has a reputation for innovation in its industry.
  • D. Delivery schedules can be more flexible than in the past.

Answer: A

Explanation:
The strongest factor the supply manager can use to improve PQR's negotiating position is that there is considerable competition among suppliers. This factor increases PQR's leverage because it implies that the supplier needs to offer competitive terms to win the business. High competition means that if one supplier is not flexible or favorable in negotiations, PQR can consider alternative suppliers who may be willing to offer better terms.
References
* "Negotiation Genius: How to Overcome Obstacles and Achieve Brilliant Results at the Bargaining Table and Beyond," Deepak Malhotra and Max H. Bazerman.
* "Supply Chain Management: Strategy, Planning, and Operation," Sunil Chopra and Peter Meindl.


NEW QUESTION # 191
In which of the following scenarios would both the price and quantity sold of paperback books decrease?

  • A. The government passes new environmental regulations that increase the price of paper.
  • B. The price of bookmarks, a complementary good to paperback books, decreases.
  • C. Printers develop processes that significantly decrease their costs.
  • D. The price of e-books, a substitute for paperback books, decreases.

Answer: D


NEW QUESTION # 192
A supply manager conducts a two-step bidding process for production material. A supplier is selected and a contract is signed. During the post-contract debriefing session, another supplier offers a lower price and payment terms that are more advantageous to the buying organization. Should the supply manager accept the supplier's offer?

  • A. Yes, because the financial Interests of the buying organization are the primary consideration.
  • B. Yes, because it is the legal duty of the supply manager to consider new information.
  • C. No, because a binding contract has been signed.
  • D. No, because the quality provided by the low bidder would be in doubt.

Answer: C


NEW QUESTION # 193
......

CORe Learning Mode: https://www.testvalid.com/CORE-exam-collection.html

DOWNLOAD the newest TestValid CORe PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1N8wpOEZtJHntGfhN_6vxW6N0wHHpOgn5

Report this page