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IASPStrategy Planning Professional Exam Sample Questions:

1. Which of the following is MOST important in designing a measurement for a strategic goal?

A) Is there agreement on the measurement?
B) Can someone be held accountable for the measurement?
C) Can the measurement be attained at a reasonable cost?
D) Does the measurement actually measure the intended outcome?

2. Factors to consider in defining an organization's strategy and business model include all of the following EXCEPT:

A) Market assumptions
B) The company's value proposition
C) The public image of the company in the media
D) Customer segments and relationships

3. An effective organizational vision describes

A) what the organization does.
B) how the organization will create value for its customers.
C) the organization's desired future state.
D) the organization's purpose.

4. Which of the following communication methods is likely to be MOST effective in obtaining useful employee feedback about the strategic management approach?

A) Dialogue between leaders and employees in small group discussions
B) An e-mail message from the senior leader to employees
C) A customized, well-scripted slide show presentation given by a senior leader
D) An article written by a senior leader published in the organization's newsletter

5. A fundamental benefit of using the Balanced Scorecard is that it provides a means to link a long-term strategy with

A) financial results.
B) All of the above.
C) the customer's as well as an internal perspective.
D) the learning and growth perspective.

Solutions: