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IASPStrategy Planning Professional Exam Sample Questions:

1. Design, control, planning, and improvement are the components of which of the following processes?

A) Quality management
B) Talent management
C) Strategic management
D) Stewart cycle

2. Which of the following is an essential element of any environmental scan?

A) Competitive analysis
B) Management biographies
C) Long-term climate predictions
D) Workload analysis

3. An organization's business model is likely to be more successful if it

A) matches past industry trends.
B) focuses primarily on generating profits.
C) aligns with the organization's purpose or mission.
D) generates sufficient revenue to sustain itself.

4. Which of the following are the key considerations when determining which performance measure to apply to a strategic objective?

A) Compares performance against competitors, communicates a positive message to shareholders, is tracked without creating new processes, and is predictive
B) Is linked to financial performance, is requested by the board of directors, gives insight as to what customers are thinking, and is predictive
C) Is valid and verifiable and helps to balance a mix of both leading and lagging performance indicators
D) Is easy to track, reports on outcomes soon after the fact, and is accepted by industry leaders

5. Which of the following is the BEST way to obtain feedback once a draft strategic plan has been created?

A) Have the chief executive call the stakeholders
B) Send a paper copy of the draft strategic plan to stakeholders
C) Meet with key stakeholders
D) Post the draft strategic plan on the website

Solutions: