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IASPStrategy Planning Professional Exam Sample Questions:

1. An organization's business model is likely to be more successful if it

A) focuses primarily on generating profits.
B) matches past industry trends.
C) aligns with the organization's purpose or mission.
D) generates sufficient revenue to sustain itself.

2. The main value of the balanced scorecard model lies in its emphasis on forging a balanced approach to measuring and managing strategic control factors. To this end, an attribute of a complete Balanced Scorecard is that it includes a mixture of

A) Operating and financial objectives
B) Profit and non-profit objectives
C) Historical, financial, operating, and strategic measures
D) Financial accountability-focused, customer-focused, internal process-focused and learning and growth- focused strategic objectives

3. The goal of any strategic planning process is to produce a strategic plan that

A) consumes as little resources as possible in its development.
B) supports the realization of the organization's vision
C) is clear to all who read it.
D) has the complete support of management.

4. What is the typical role of middle management in organizational design / redesign?

A) Gains clarity on the alignment between strategy execution and organizational design, but withholds this knowledge from team members because it is high level
B) Works with the strategy management and senior management teams to develop the organizational design and communicate decisions to team members to ensure comprehension and alignment across the organization
C) Holds sole responsibility for the development of the organizational design / redesign
D) Works with the strategy office and senior management to develop the organizational design

5. Which of the following is the FIRST thing to do when an organization needs change?

A) Communicate clearly why change is necessary
B) Interview employees to get different perspectives about the changes
C) Analyze what the strategic change entails from a modular and integrated perspective
D) Eliminate all out-of-date aspects of the system

Solutions: