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IASP SPP Exam Syllabus Topics:

IASPStrategy Planning Professional Exam Sample Questions:

1. Which of the following is NOT included in Porter's Five Forces Model?

A) Bargaining power of customers and suppliers
B) Pace of technological advance
C) Level of competition in an industry
D) Threat of new entrants and substitute products

2. 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) Consensus on the selection of supporting consultants
C) Meet-and-greet events
D) Prompt flow-down of executive decisions

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

4. Benchmarking is most useful when comparing

A) best practices to worst practices.
B) the organization's process to a similar process in other organizations.
C) current processes to past processes.
D) different departments within the organization.

5. Senior management needs to identify which of the following to ensure progress in execution of the plan?

A) Financial schedule
B) Communication schedule
C) Schedule for planning team development
D) Regular reporting and monitoring

Solutions: