Online Access Free LEAD Exam Questions

A company develops a scorecard to measure performance. The scorecard has the following criteria:
1. Profitability
2. Amount of taxes paid
3. Charitable contributions/activities
4. Average hours of employee training
5. Amount of waste sent to landfills
6. Safety incident rates
This scorecard is an example of which of the following?

• A.Financial
• B.Social responsibility
• C.Triple bottom line
• D.Environmental

JKL Company's procurement staff has a history of inefficient business practices and poor communications with stakeholders, which the firm attributes to ineffective leadership. The firm hires an experienced executive to lead the department. Which of the following should the executive focus on to make the staff accountable, while simultaneously assuring them that the executive is ultimately responsible for the duties being fulfilled?

• A.Span of influence
• B.Presence of responsibility
• C.Granting of authority
• D.Assignment of tasks

A supervisor in a chemical plant is distressed to find sexually-themed cartoons and photos displayed around employee workstations. However, no complaints have actually been filed by any employees. Given this situation, which of the following is the BEST course of action for the supervisor to take?

• A.Mandate that the material be removed from the workstations
• B.Do nothing, as no employee has filed any objections to the material
• C.File a sexual harassment allegation
• D.Survey employees to determine their attitudes on the matter

RST, Inc. has the following mission statement:
"RST seeks to provide the optimum combination of value pricing and consistent quality for its customers through innovative production processes.
Which of the following elements of RST's supply management department's strategic plan will BEST support this mission statement?

• A."Sourcing will facilitate first-to-market readiness."
• B."Inventory levels will ensure on-time order fulfillment while minimizing carrying costs."
• C."Supplier-generated defect rates will be less than 0.1 percent."
• D."Supplier transportation charges will be continuously monitored for potential savings."

Smith is a supply manager for UVW, Inc. In late June, a stakeholder asks Smith to issue a request for proposal (RFP) with a due date of August 8. Smith makes an error in the RFP and indicates the deadline as August 15. Smith discovers the error several weeks later and, without consulting the supervisor, contacts the stakeholder to say that some potential suppliers could not meet the August 8 deadline and requested that the deadline be extended to August 15. The stakeholder grudgingly agrees to the extension. Smith's supervisor learns of the attempted cover-up before the original due date. Which of the following is the BEST way for the supervisor to handle this situation?

• A.Explain the situation to the stakeholder, contact the suppliers, and request that they submit their responses by August 8 as originally required
• B.Call the stakeholder, and explain that although the suppliers did not request an extension, the additional time for response will likely increase quality, and thus the extension will be of benefit
• C.Do nothing, as the stakeholder already agreed to the extra week, and telling the stakeholder what happened could damage the department's credibility
• D.Contact the stakeholder and explain the situation, accept bids through August 15, and reprimand Smith in accordance with HR policy