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IASPStrategy Planning Professional Exam Sample Questions:

1. How can a strategic planner ensure the planning process is improved over time?

A) Review records to see where the organization has been compared to the current situation
B) Require periodic reports from the organization to track progress
C) Set up mechanisms to manage continuous improvement
D) Use guided imagery to envision the ideal planning process

2. What process is adopted by an organization to minimize disruption when implementing a new strategic plan?

A) Change management
B) Strategic management
C) Project management
D) Environmental scanning

3. Which of the following best describes a marketing strategy?

A) Must be established first before other strategies are set
B) Drives the operation's strategy
C) Addresses the best way to achieve the overall business strategy, competitive advantage in a sustainable way
D) Defines the organization's product market focus

4. 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

5. Which of the following is NOT one of Porter's original Five Forces of industry analysis?

A) Substitute products
B) Suppliers
C) Customers
D) Industry regulations

Solutions: