ISM
CPSM1
Q1:
The costs of logistics services should be determined; these costs plus an added value ormarkup becomes the:
○
A
Transfer price○
B
Productivity cost○
C
Operational price○
D
Professional supply cost
ISM
CPSM1
Q2:
Third parties who act as intermediaries between buyer and seller are known as:
○
A
Dealer○
B
Brokers○
C
Negotiator○
D
Agent
ISM
CPSM1
Q3:
Independent organizations that design and manage some or all of an organization'slogistical needs are known as:
○
A
Third-party logistics○
B
Freight forward logistics○
C
Maintenance logistics○
D
Global logistics
ISM
CPSM1
Q4:
Making environmentally conscious decisions throughout the purchasing processbeginning with product and process design through product disposal is known as:
○
A
Logistic purchasing○
B
Green purchasing○
C
Purchasing Agreement○
D
None of the above
ISM
CPSM1
Q5:
A contract in which one party obtains use of another party's asset is called:
○
A
License○
B
Charter○
C
Agreement○
D
Lease