Free APICS CPIM-SMR Exam Dumps Questions & Answers

A balanced scorecard has what main topics in it?
I. Financial perspective
II. Customer perspective
III. Internal Business Perspective
IV. Innovation and Learning Perspective

• A.  I, II, & IV Only
• B.  I, II, III, & IV
• C.  I, III, & IV Only
• D.  I, II, & III Only

Which of the following are approaches to cutting over to a new technology?
I. Big Bang Approach
II. Step Approach
III. Parallel

• A.  I & III Only
• B.  I, II, & III
• C.  II & III Only
• D.  I & II Only

What are principles of strategic revolution?
I. The bottleneck is at the top of the bottle
II. Strategic planning isn't strategic
III. Plan then strategize
IV. Strategy planning must be subversive

• A.  II, III, & IV
• B.  I, II, & IV
• C.  I, II, & III
• D.  I, III, & IV

When told to eliminate waste, what should you be looking to eliminate?

• A.  Paperwork Errors
• B.  anything being done that is unnecessary
• C.  Bad Product Quality
• D.  Extra Process Steps that are Not Necessary

Environmental scanning is defined as what?

• A.  Reviewing metrics of the marketplace
• B.  Benchmarking competitors
• C.  process used to find out all the key approaches used by a company and the advantages it gives them
  in the market place.
• D.  Reviewing land for any potential environmental disaster