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IASPStrategy Planning Professional Exam Sample Questions:

1. True or False: Middle managers are exclusively responsible for the development of scenarios to influence the organization's strategic direction.

A) True
B) False

2. Which of the following BEST represent the macro level factors to include in an environmental scan?

A) Industry life cycle, demographics, changing profile of current customers, international trends, and events pertaining to the industry
B) Geopolitical, sociocultural, economic, technology, environmental, and industry trends
C) Regulatory, customer, competitive, labor, and supplier trends
D) Patterns of competition, technology, usage/consumption/service buying patterns, and barriers to exit

3. Cost reduction can be MOST consistently achieved by

A) Reducing staff to minimum essential levels
B) Pressuring suppliers to cut corners
C) Investing heavily in information technology
D) Reducing unnecessary processes

4. How can a strategic planner ensure the planning process is improved over time?

A) Set up mechanisms to manage continuous improvement
B) Use guided imagery to envision the ideal planning process
C) Review records to see where the organization has been compared to the current situation
D) Require periodic reports from the organization to track progress

5. An organization's choice to lower quality standards via budget cuts, rather than investing so as to achieve higher quality standards, is an example of

A) escalation.
B) shifting the burden.
C) eroding goals.
D) motivation.

Solutions: