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IASPStrategy Planning Professional Exam Sample Questions:

1. Innovation and creativity come from

A) encouraging our own cross-functional teams to develop original ideas and strategies.
B) eliminating all but one of your company's traditional products/services.
C) absorbing the strategic best practices of other organizations to identify a metric for judging strategic needs.
D) asking a single research consultant how people use our products or services.

2. An organization's core values should

A) be known by the leadership team only.
B) be determined by a secret ballot vote.
C) be clarified and reinforced.
D) change as key personnel change.

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

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

4. Which of the following are steps to success in a project life cycle?

A) Plan, change, evaluate, and monitor
B) Assign, budget, plan, and implement
C) Define, plan, implement, and evaluate
D) Budget, plan, evaluate, and monitor

5. What BEST characterizes a strategic plan?

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

Solutions: