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ISM Exam LEAD Topic 1 Question 15 Discussion

Actual exam question for ISM's LEAD exam
Question #: 15
Topic #: 1
[All LEAD Questions]

Supply management can track supplier performance, send alerts on important dates and generate reports for compliance officers through which of the following?

Show Suggested Answer Hide Answer
Suggested Answer: A

Policy Violation: The employee violated the company's strict gift policy by accepting an $80 ticket, which exceeds the $25 limit.

Appropriate Response: Conducting face-to-face training addresses the issue by educating the employee on the company's policies and the importance of adhering to them.

Corrective Action: This approach allows for a constructive discussion, ensuring the employee understands the policy and the reasons behind it, which can prevent future violations.

Proportional Response: While dismissal or other punitive measures may seem excessive for a first-time or minor infraction, training provides a balanced approach to correction and improvement.

Reference: Human resource management best practices emphasize the importance of training and education in addressing policy violations, as discussed in resources like 'Human Resource Management' by Gary Dessler and guidelines from the Society for Human Resource Management (SHRM).


Contribute your Thoughts:

Cassie
2 months ago
Haha, this question is a real brain-teaser. I'm going to have to go with C) Performance management software - it's all about keeping those suppliers on their toes!
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Von
10 days ago
True, but D) Spend analysis software could also help in monitoring supplier performance and expenses.
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Breana
24 days ago
I agree, but I believe B) Contract management software might be more focused on managing supplier contracts.
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Marleen
1 months ago
I think A) Business intelligence software could also be useful for tracking supplier performance.
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Son
2 months ago
Hmm, this is a tough one. I'm leaning towards D) Spend analysis software, as it can give you a comprehensive view of your supply chain spending and help identify areas for improvement.
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Dierdre
1 months ago
I agree, both D) Spend analysis software and Business intelligence software can be beneficial for supply management.
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Martina
1 months ago
That's true, Business intelligence software can provide valuable insights as well.
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Truman
1 months ago
But wouldn't Business intelligence software also be useful for generating reports and analyzing supplier data?
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Karon
2 months ago
I think you're right, D) Spend analysis software can definitely help with tracking supplier performance.
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Evelynn
2 months ago
I'd go with A) Business intelligence software. It can provide the analytics and reporting capabilities needed to effectively monitor supplier performance and compliance.
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Barabara
2 months ago
B) Contract management software seems like the obvious choice here. It's designed to handle all aspects of supplier management, including performance tracking and compliance reporting.
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Jesusa
2 months ago
But performance management software specifically focuses on tracking supplier performance, so I think it's the best option.
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Carlee
2 months ago
I disagree, I believe it's A) Business intelligence software.
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Jesusa
2 months ago
I think the answer is C) Performance management software.
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