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IASPStrategy Planning Professional Exam Sample Questions:

1. What BEST characterizes a strategic plan?

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

2. When a direct report makes a mistake, the fault belongs to

A) the policies and procedures.
B) the direct report and supervisor.
C) the direct report only.
D) no one.

3. Of the four elements presented, which would you expect to see more so on a business plan rather than on a strategic plan?

A) Detailed performance metrics
B) Vision and mission statements
C) Detailed results of an environmental scan
D) Detailed financial projections

4. What BEST characterizes a strategic plan?

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

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

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

Solutions: