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LEAD practice test questions answers

ISM LEAD Dumps Questions Answers

Exam Code:
LEAD
Last Update: Dec 22, 2024
165 Questions Answers with Explanation Detail
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LEAD Q&A's Detail

Exam Code:
LEAD
Total Questions:
165 Q&A's
Single Choice Questions:
165 Q&A's

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Leadership and Transformation in Supply Management Questions and Answers

Questions 1

A supply management department is focused on reducing short- and long-term costs. However, the reporting of these cost reductions has been inconsistent. Some are reported as cost savings but not cost avoidance, while others are not documented at all. In preparing performance evaluation measures for the coming year, how can the department BEST address these concerns?

Options:

A.

Discuss balanced scorecards with the supply management team

B.

Institute a reward-sharing program for cost savings

C.

Assign more weight to cost avoidance

D.

Set specific targets as part of each team member’s goals

Questions 2

Which of the following is MOST critical in the creation of a succession plan?

Options:

A.

Resumes of all employees

B.

Gap analysis of the workforce

C.

Technical training plan

D.

Current job titles and compensation

Questions 3

MNO Company's code of conduct severely restricts employee volunteer and charitable activities. MNO's supply manager is concerned that these restrictions could conflict with the ISM Principles of Sustainability and Social Responsibility. What should the supply manager do to address these concerns?

Options:

A.

As there is no legal mandate for community action, the supply manager should not be concerned.

B.

The supply manager should request an opinion from human resources on whether employee rights are being violated.

C.

The supply manager should offer examples of how the company can help the community and seek to ease limitations.

D.

The supply manager should follow a positive course by encouraging staff to be active in their neighborhoods.

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