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IASPStrategy Planning Professional Exam Sample Questions:

1. When starting a strategic planning effort, which of the following should be developed FIRST?

A) Objectives
B) Future initiatives
C) Performance measures and targets
D) Vision and mission

2. What BEST characterizes a strategic plan?

A) A breakdown of all the functions of the organization
B) A plan that needs to be translated into practical operational terms
C) A plan that should be revised at least monthly
D) A plan that should be developed by a specially trained strategic planner

3. Which of the following is NOT one of Michael Porter's three basic strategies?

A) Focus
B) Cost
C) Differentiation
D) Customer first

4. Which of the following stages comprise the PDCA cycle?

A) Plan, do, check, act
B) Plan, deliver, collaborate, apply
C) Propose, describe, consult, approve
D) Prepare, design, change, assess

5. Of the many analytical techniques available, which of the following is recommended by Rollinson and Young inStrategy in the 21st Centuryfor analyzing Opportunities, Threats, Strengths and Weaknesses (OTSW) in part because it offers anonymity to participants?

A) Balanced Scorecard
B) Nominal Group Technique
C) Storming and Forming
D) The Delphi Approach

Solutions: