VALID LEAD TEST PREPARATION, LEAD LATEST EXAM FORMAT

Valid LEAD Test Preparation, LEAD Latest Exam Format

Valid LEAD Test Preparation, LEAD Latest Exam Format

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ISM Leadership and Transformation in Supply Management Sample Questions (Q62-Q67):

NEW QUESTION # 62
Which of the following refers to a list of functions and characteristics required for successful performance of a job?

  • A. Job design
  • B. Job analysis
  • C. Job description
  • D. Job specifications

Answer: D

Explanation:
Job specifications refer to a list of functions and characteristics required for successful performance of a job. This includes the necessary skills, qualifications, and experience needed to perform the job effectively. Leadership and transformation management documents often discuss the importance of clear job specifications in ensuring that employees have a clear understanding of what is expected of them and that the right candidates are selected for each role. By defining the specific requirements for a job, organizations can better match candidates to roles, leading to improved performance and job satisfaction. Reference in leadership literature emphasize the critical role of job specifications in talent management and organizational effectiveness.
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NEW QUESTION # 63
A junior buyer joins a procurement organization and spends the first month observing a senior buyer conduct various sourcing events. This is an example of what type of training delivery method?

  • A. One-on-one
  • B. Shadowing
  • C. Mentoring
  • D. Learn-by-domg

Answer: B

Explanation:
The junior buyer observing a senior buyer conduct various sourcing events is an example of shadowing.
Shadowing: This method involves one individual observing the day-to-day activities of another, gaining insights into their tasks and responsibilities. It is an effective way to learn through observation and informal mentorship.
On-the-Job Learning: Shadowing provides practical exposure to real-world scenarios and decision-making processes, which is crucial for developing the skills of a junior buyer.
Knowledge Transfer: This method facilitates the transfer of tacit knowledge, which can be difficult to acquire through formal training programs alone.
Reference:
Noe, R.A. (2017). Employee Training and Development. McGraw-Hill Education.
Goldstein, I.L., & Ford, J.K. (2002). Training in Organizations: Needs Assessment, Development, and Evaluation. Wadsworth.


NEW QUESTION # 64
A supply manager is responsible for managing a team of transactional buyers. While reviewing transaction logs, the supply manager notices that one of the buyers is listed as the requisitioner on an unusually large number of the purchase orders. The supply manager suspects improper activity and wants to investigate the matter further. Given this situation, which of the following will be MOST useful to the supply manager?

  • A. Information technology acceptable use policy
  • B. Procurement standard operating procedures
  • C. Delegation of authority
  • D. Requisition-to-pay system design

Answer: B

Explanation:
To investigate the potential improper activity indicated by the buyer being listed as the requisitioner on many purchase orders, the procurement standard operating procedures (SOPs) will be most useful. The SOPs will provide detailed guidelines on the procurement process, including roles and responsibilities, which can help identify if any rules or protocols have been violated. Leadership and transformation management documents stress the importance of adhering to SOPs to ensure compliance and transparency in procurement activities. By reviewing the SOPs, the supply manager can compare the buyer's actions against established procedures to determine if there has been any improper conduct. Reference highlight the role of SOPs in maintaining accountability and integrity within supply management operations.


NEW QUESTION # 65
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?

  • A. The supply manager should request an opinion from human resources on whether employee rights are being violated.
  • B. The supply manager should offer examples of how the company can help the community and seek to ease limitations.
  • C. The supply manager should follow a positive course by encouraging staff to be active in their neighborhoods.
  • D. As there is no legal mandate for community action, the supply manager should not be concerned.

Answer: B

Explanation:
Understanding the Conflict:
MNO Company's restrictive code of conduct may conflict with the ISM Principles of Sustainability and Social Responsibility, which emphasize community involvement and ethical practices.
Addressing the Concerns:
Offering Examples: Demonstrates how community engagement aligns with company values and can enhance the company's reputation and employee satisfaction.
Providing concrete examples and benefits can help persuade company leadership to ease the limitations, aligning company practices with sustainability and social responsibility principles.
Rationale:
Proactive engagement and providing evidence-based examples foster a positive dialogue.
Aligns company policies with industry best practices and ethical standards without disregarding existing policies outright.
Conclusion: By offering examples of community engagement and its benefits, the supply manager can advocate for easing restrictions, promoting sustainability and social responsibility in alignment with ISM principles.
Reference:
ISM Principles of Sustainability and Social Responsibility
"Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause" by Philip Kotler and Nancy Lee


NEW QUESTION # 66
A supply manager for CDE Inc. hires several young supply management professionals. The new staff members are eager to gain experience and use their technological skills. Some staff members, however, are planning to retire, and the supply manager does not want to lose their expertise and perspective. Given this situation, which of the following is the BEST course of action for the supply manager to take?

  • A. Offer the new staff members opportunities to work on special projects
  • B. Match new employees with experienced employees in mentoring relationships
  • C. Use functional rotation to expand the new employees' skills
  • D. Facilitate hands-on training and internal workshops for the new staff members

Answer: B

Explanation:
The best course of action for the supply manager is to match new employees with experienced employees in mentoring relationships. This approach allows the transfer of knowledge, skills, and perspectives from retiring staff to the younger generation, ensuring continuity and preserving valuable expertise. Leadership and transformation management documents highlight the benefits of mentoring in fostering professional growth, enhancing team cohesion, and maintaining organizational knowledge. Reference emphasize that mentoring relationships provide a structured way to develop new employees while valuing the contributions of experienced staff, thereby addressing both the need for technological skills and the preservation of institutional knowledge.
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NEW QUESTION # 67
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