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| Certification Vendor: | Institute for Supply Management (ISM) |
|---|---|
| Exam Name: | ISM Supply Management CORe (CORe) Exam |
| Exam Number: | CORe |
| Exam Format: | Online proctored exam, Multiple-choice questions |
| Available Languages: | English |
| Recommended Training: | ISM CORe Learning Program |
| Exam Registration: | ISM CORe Official Program Page |
| Sample Questions: | ISM CORe Sample Questions |
| Exam Way: | Online, proctored assessment delivered via ISM/authorized platform |
| Pre Condition: | No formal prerequisites required |
| Official Syllabus URL: | https://www.ismworld.org |
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The HBX CORe Final Examination is an essential component of the program that tests learners' understanding of business concepts. It is a rigorous exam that requires preparation and dedication. Passing the exam is an achievement that demonstrates the learner's readiness to apply business concepts in real-world situations.
NEW QUESTION # 264
A supply manager Is conducting financial analyses of bidders. The supply manager wants to select the supplier that is the most efficient in its use of assets. Based on the following information, which supplier should the supply manager choose?
Answer: C
Explanation:
The supply manager is looking for the supplier that is most efficient in its use of assets, which is measured by the return on assets (ROA). ROA is calculated as net income divided by total assets.
For each supplier:
* Supplier A: ROA = 100 / 100 = 1.0
* Supplier B: ROA = 200 / 100 = 2.0
* Supplier C: ROA = 200 / 400 = 0.5
* Supplier D: ROA = 50 / 20 = 2.5
Supplier D has the highest ROA, indicating it is the most efficient in its use of assets.
References
* Financial Management for Supply Chain Management by Michael D. Waters
* Principles of Corporate Finance by Richard A. Brealey, Stewart C. Myers, and Franklin Allen
NEW QUESTION # 265
An automobile manufacturer learns that its supplier for brake parts cannot maintain a steady workforce of machinists. In this instance, it is likely that the manufacturer failed to examine which of the following during supplier performance evaluations?
Answer: B
NEW QUESTION # 266
A company buys a machine for $175,000. The machine will be depreciated on straight-line basis over a 10-year period with salvage value of $25,000. The company expects the machine to generate after-tax net cash inflows of $30,000 in each of the 10 years. At the end of the 10 years, the machine is expected to be sold for $25,000. The discount rate is eight percent.
What is the net present value?
Answer: B
NEW QUESTION # 267
A new smartphone is being released at a price of $100. A customer with a willingness to pay (WTP) of $105 walks to the store, sees that there is a long line, and decides to leave. Another customer with a WTP of $113 arrives at the store at the same time and decides to wait in the line. What can an observer deduce from this observation?
Answer: A
NEW QUESTION # 268
What is the landed cost per unit for the following item?
Item cost$.76
Packaging for shipment$.02
Shipping from Indonesia$.14
Duty$.03
Customs clearance$.10
Storage at buyer's warehouse$.09
Shipment from warehouse to plant$.06
Answer: C
Explanation:
* Item cost: $0.76
* Packaging for shipment: $0.02
* Shipping from Indonesia: $0.14
* Duty: $0.03
* Customs clearance: $0.10
* Storage at buyer's warehouse: $0.09
* Shipment from warehouse to plant: $0.06
* Calculate the total landed cost per unit: Sum of all the costs.
* Total Landed Cost = $0.76 + $0.02 + $0.14 + $0.03 + $0.10 + $0.09 + $0.06 = $1.20 References
* CIPS. (n.d.). Understanding Total Landed Cost in Procurement.
* ISM. (n.d.). Calculating Total Landed Cost for Procurement Decisions.
NEW QUESTION # 269
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