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ISM CORe Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Category Management6%- Spend analysis and segmentation
- Performance objectives and metrics
- Category strategy formulation
Topic 2: Sourcing28%- Sourcing strategies and approaches
- Market analysis and supplier identification
- Bidding and solicitation processes
- Needs assessment and specification development
Topic 3: Negotiation8%- Strategy and tactics application
- Negotiation planning and preparation
- Outcome evaluation and follow-up
Topic 4: Legal and Contractual12%- Contract formation and terms
- Legal compliance and regulations
- Contract administration and changes
- Dispute resolution and termination
Topic 5: Cost and Price Management6%- Cost analysis and estimation
- Cost reduction and control strategies
- Price analysis and determination
Topic 6: Financial Analysis6%- Cost of capital and investment analysis
- Financial statement interpretation
- Budgeting and cost modeling
Topic 7: Supplier Relationship Management24%- Risk management and contingency planning
- Relationship development and collaboration
- Performance measurement and improvement
- Supplier evaluation and selection

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ISM Supply Management Core Exam Sample Questions (Q315-Q320):

NEW QUESTION # 315
A government is considering issuing a fixed number of permits allowing firms to pollute. When would this system fail to reduce pollution?

Answer: A


NEW QUESTION # 316
A company manager commissions a report to study the relationship between sales volume (in thousands of units) and the number of computers in each of the company's offices.

When the manager receives the report, however, the p-value for the independent variable is missing. Based on the rest of the regression output, which of the following numbers is the correct p-value?

Answer: C


NEW QUESTION # 317
A sourcing manager is negotiating a contract with a human resources supplier that has access to employee data, including social security numbers. The supplier proposes an annual cap of $10,000 on overall liability. In this situation, which of the following is the MOST important stakeholder for the sourcing manager to consult in regard to this supplier?

Answer: B


NEW QUESTION # 318
A city concerned about its youth unemployment rate decided to offer a new vocational training program in the hopes of decreasing youth unemployment. Before the program began, the youth unemployment rate was 18%. Four years after the program began, the rate had fallen to 14%.
What is the correct null and alternative hypothesis pair for this situation?

Answer: D


NEW QUESTION # 319
A company's retained earnings on Dec. 31st, 2009 to 2013 is as follows:

On the pro-forma income statement for 2014, the net income is $10,000. The expected dividends to be paid in 2014 is $3,500. What is the projected retained earnings on Dec. 31st, 2014?

Answer: A


NEW QUESTION # 320
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