Latest CORe Exam Guide & ISM New CORe Test Pdf: Supply Management Core Exam Finally Passed

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People who appear in the test of the Supply Management Core Exam (CORe) certification face the issue of not finding up-to-date and real exam dumps. VCE4Plus is here to resolve all of your problems with its actual and latest ISM CORe Questions. You can successfully get prepared for the Supply Management Core Exam (CORe) examination in a short time with the aid of these test questions.

The HBX CORe (Credential of Readiness) program is an online business fundamentals program offered by Harvard Business School. It is designed to provide students with a comprehensive understanding of business concepts and practices. The program is divided into three courses: Business Analytics, Economics for Managers, and Financial Accounting. Upon completion of the program, students are able to earn the HBX CORe Certification.

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The HBX CORe Final Examination is the culminating experience of the program. It tests your knowledge of the material covered in the three courses and gives you the opportunity to demonstrate your readiness to tackle real-world business challenges. CORe Exam is designed to be challenging, but it is also fair and comprehensive. It covers all of the key concepts and skills that you need to know to succeed in business.

ISM Supply Management Core Exam Sample Questions (Q61-Q66):

NEW QUESTION # 61
A supply manager for JKL, Inc. finds a potential new supplier for an item included In a finished product.
Quality and service are comparable to those of the current supplier, and the new supplier's cost per unit is $.03 lower than that of the current supplier. Making the transition to the new supplier will require changes to operations costing approximately $12,000. How many units would JKL need to buy in order to justify changing suppliers?

A. 40,001
B. 400,001
C. 360,001
D. 36,001

Answer: B

NEW QUESTION # 62
A high school teacher believes that the poverty rate in each U.S. state can be explained by the percentage of the population who do not have a high school diploma or equivalent. The teacher collects data from each of the 50 U.S. states; a portion of the data is given below.

Which of the following Excel dialog boxes correctly runs the regression described? A)

B)

C)

D)

A. Option C
B. Option D
C. Option A
D. Option B

Answer: C

NEW QUESTION # 63
A supply manager submits a request to fill several new positions, along with a proposal for an increased training budget. The new positions are approved, but training funds are cut rather than expanded for the coming year. The supply manager believes that training will be essential for supply management's ability to support organizational strategy. Given this situation, which of the following actions by the supply manager is MOST likely to be effective?

A. Develop examples of how training will help employees focus on organizational objectives
B. Attempt to fill the new positions with skilled candidates who will not require extensive training
C. Have the staff complete the training early in the year
D. Fill fewer positions than approved, and use the remaining budget for training

Answer: A

Explanation:
The MOST likely effective action by the supply manager, when training funds are cut, is D. Develop examples of how training will help employees focus on organizational objectives. This approach can demonstrate the value of training to the organization's leadership and may help in securing future funding. It's important to show how training aligns with and supports the strategic goals of the organization123.

NEW QUESTION # 64
A supplier manufactures toys of proprietary design for its customers. Since the company's customers are industry rivals, the supplier has mutual non-disclosure agreements with each of them. One of these customers has developed a new toy and put it out to bid. Before awarding the contract, the customer's procurement team conducts a site visit to the supplier's factory. During the tour, the supplier asks the procurement team to turn off and put away any cell phones that have cameras. Which of the following BEST describes why the supplier made this request?

A. To protect the supplier's employee work practices
B. To protect the confidentiality of the manufacturing process
C. To protect the finished goods of other customers
D. To protect the production schedules of the other customers

Answer: B

Explanation:
The supplier's request for the procurement team to turn off and put away cell phones with cameras is primarily to protect the confidentiality of their proprietary manufacturing processes. In the competitive toy manufacturing industry, the specific techniques and processes used to create products can be considered trade secrets. Allowing visitors to use cameras could risk capturing and potentially sharing these secrets, which could be detrimental to the supplier's competitive advantage and violate the non-disclosure agreements in place with other customers.
References
* Trade Secrets Protection: A Guide to the Law and Practice by Jane Lambert
* "Non-Disclosure Agreements (NDAs) in Manufacturing" - American Bar Association

NEW QUESTION # 65
A supply manager for UVW, Inc. Is considering the use of lead division buying. Which of the following factors is MOST supportive of such efforts?

A. Several divisions use consistent quantities of the same item.
B. There is ongoing involvement of the engineering department.
C. Deliveries must be coordinated with production schedules.
D. Each division needs products tailored to its own production.

Answer: A

Explanation:
* Lead Division Buying: This strategy involves one division taking the lead in purchasing for multiple divisions within an organization.
* Supporting Factor: Consistent quantities of the same item used by several divisions support lead division buying.
* Economies of Scale: Consistent demand allows for bulk purchasing, leveraging economies of scale, and achieving cost savings.
* Standardization: Consistent usage across divisions promotes standardization, simplifying the procurement process and supplier management.
References
* CIPS. (n.d.). Lead Division Buying and Centralized Procurement.
* ISM. (n.d.). Strategies for Efficient Procurement Management.

NEW QUESTION # 66
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Latest CORe Exam Guide & ISM New CORe Test Pdf: Supply Management Core Exam Finally Passed

New CORe Test Pdf & CORe Sample Questions

ISM Supply Management Core Exam Sample Questions (Q61-Q66):

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