Free CPSM Exam Braindumps (page: 15)

Page 15 of 33

The process which begins by understanding the product such as its value, its physical characteristics such as length, height, width, and weight and its fragility is called:

  1. Packaging optimization
  2. Product optimization
  3. Process Throughput
  4. Flood flow gain

Answer(s): A



A practice that involves purchasing professional in the new product or service development process from its inception is called:

  1. Service level professionalism
  2. Statement of work flow
  3. Early purchasing Improvement
  4. Initializing consent

Answer(s): C



What is used to obtain general information about products, services or suppliers and is information request, not binding on either the supplier or the purchaser?

  1. Procurement document
  2. Solicitation document
  3. Target market
  4. Qualified product description

Answer(s): B



What involves taking out an investment that will specifically reduce or cancel out the risk in another investment?

  1. Operational strategy
  2. Situational factor
  3. Hedging strategy
  4. Optimization strategy

Answer(s): C



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Vicky commented on July 14, 2024
Very nice question designed for practice.
Anonymous
upvote