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IASPStrategy Planning Professional Exam Sample Questions:

1. "Positioning" is BEST described as

A) what differentiates an organization in the eyes of its customers.
B) the relative value of an organization's stock compared to its competitors.
C) an organization's choice of media and strategies for marketing its products/services.
D) an organization's location in relation to its largest segment.

2. To ensure that departmental plans contribute optimally to corporate-wide strategy, a sound practice is to

A) Create departmental and organization strategic plans at the same time
B) Structure the organization-wide plan to define departmental priorities
C) Create high integrity departmental plans, then integrate them around shared strategic priorities
D) Build departmental plans around organization strategy objectives and initiatives

3. Which of the following is the most important tool when considering uncertainty in the external environment?

A) Consensus building
B) Embedded corporate culture
C) Decision tree analysis
D) Scenario planning

4. What is the typical role of middle management in organizational design / redesign?

A) Works with the strategy management and senior management teams to develop the organizational design and communicate decisions to team members to ensure comprehension and alignment across the organization
B) Gains clarity on the alignment between strategy execution and organizational design, but withholds this knowledge from team members because it is high level
C) Works with the strategy office and senior management to develop the organizational design
D) Holds sole responsibility for the development of the organizational design / redesign

5. Which of the following is the MOST effective way to involve all key stakeholders in the strategic planning process?

A) Early and frequent participation in the process
B) Meet-and-greet events
C) Prompt flow-down of executive decisions
D) Consensus on the selection of supporting consultants

Solutions: