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IASPStrategy Planning Professional Exam Sample Questions:

1. Which of the following evaluates actual performance, compares actual performance to goals, and takes action on the differences?

A) Quality improvement
B) Quality design
C) Quality control
D) Quality planning

2. The competitive pressures from substitute products or services tend to be stronger when

A) Substitute products or services provide equivalent benefits and switching costs are low.
B) There are many sellers of substitute products or services.
C) The quality and performance of substitute products or services is well established.
D) The demand for the products or services is not price sensitive.

3. Which of the following can be used as an organization-wide system for strategic and operational integration?

A) Quality management
B) Balanced Scorecard
C) Business Process Reengineering
D) Lean manufacturing

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

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

5. The alignment of the organization's redesign with strategy can be hindered by:

A) Developing and implementing an effective communication plan
B) Mismatches between required positions and employees' skillset
C) Having the required tools and technology
D) Adequate understanding of strategic direction by all stakeholders

Solutions: