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IASPStrategy Planning Professional Exam Sample Questions:
1. Cost reduction can be MOST consistently achieved by
A) Reducing unnecessary processes
B) Investing heavily in information technology
C) Reducing staff to minimum essential levels
D) Pressuring suppliers to cut corners
2. What BEST characterizes a strategic plan?
A) A breakdown of all the functions of the organization
B) A plan that should be revised at least monthly
C) A plan that should be developed by a specially trained strategic planner
D) A plan that needs to be translated into practical operational terms
3. Which of the following steps is MOST appropriate when further defining the actions of a strategic plan?
A) Break down long-term strategic plans into annual and project plans
B) Determine success indicators for the 1, 2, and 3-year horizons
C) Contain depiction of the long-term strategic plan to a 3-year horizon
D) Identify which items should be completed in years 1, 2, and 3
4. Who is responsible for ensuring the separation of strategic planning processes from day-to-day operations?
A) Chief strategy officer, staff, and consultants
B) A committee with one member from each department
C) Senior leadership
D) A mix of employees from different parts of the organization
5. True or False: Middle managers are exclusively responsible for the development of scenarios to influence the organization's strategic direction.
A) True
B) False
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |







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