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IASPStrategy Planning Professional Exam Sample Questions:

1. Which of the following best describes core competencies?

A) Can lead to competitive advantage
B) Are easily identified and explained
C) Rarely change over time
D) Are derived from core principles

2. The strategic planning process should include which of the following mechanisms to specifically ensure continuous improvement?

A) Quarterly reviews conducted by external contractors
B) Use of an internal planning committee
C) Analysis of lessons learned
D) Annual reviews by the financial team

3. Which of the following BEST describes organization strategy?

A) Exists to support pay-for-performance systems
B) Creates performance measures that can be used to encourage desired behaviors
C) Shows how projects and programs are managed
D) Translates an organization's shared vision of the future into action for all employees

4. To best respond to the question "what is our business?" Peter Drucker emphasized looking at the business from the standpoint of the:

A) Realities, situation, expectations, viewpoint, behaviour, and values of your customers
B) Organization's mission statement
C) Employees' assumptions
D) Articles of incorporation

5. Benchmarking is most useful when comparing

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

Solutions: