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IASP SPP Exam Syllabus Topics:

IASPStrategy Planning Professional Exam Sample Questions:

1. Which of the following is an appropriate technique to ensure staff members have a greater chance of achieving their goals?

A) Assemble a coalition with a clear and simple message to encourage the masses
B) Hire a consultant to assist in restructuring to achieve a flatter organization
C) Break the challenge into manageable parts and address the hurdles to strategy execution
D) Build a top management team with strong functional skills that strives to create mutually beneficial outcomes

2. Which of the following is NOT one of Michael Porter's three basic strategies?

A) Customer first
B) Cost
C) Focus
D) Differentiation

3. Risk management is BEST described as a process for

A) evaluating the probability of risks.
B) sourcing a complete set of risk options.
C) classifying types of risks.
D) identifying risks and mitigation strategies.

4. Which of the following practices is aligned with the company's purpose, mission, and strategies?

A) Allow high-end department store partners to clear year-end inventories through modest discounting
B) Clear out year-end inventories by expanding into factory outlets
C) Clear out year-end inventories by exporting to developed overseas markets like China
D) Write off and destroy year-end inventories

5. Strategic planning impacts the annual planning and budgeting process by

A) Establishing priorities
B) Defining the organization's structure
C) Identifying strategies for ongoing initiatives
D) Flowing budgets down to lower levels

Solutions: