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IASPStrategy Planning Professional Exam Sample Questions:

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

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

2. An organizational strategic planning support team should include

A) the chief executive's administrative assistant.
B) representatives from all areas of the organization.
C) a delegate from the competition.
D) all key executives.

3. Seeing where actions and changes in system components can lead to significant, lasting improvements is best described as:

A) Leverage
B) Total quality management priorities
C) Change agency
D) Followership

4. Which of the following practices is aligned with the company's purpose, mission, and strategies?

A) Write off and destroy year-end inventories
B) Clear out year-end inventories by expanding into factory outlets
C) Clear out year-end inventories by exporting to developed overseas markets like China
D) Allow high-end department store partners to clear year-end inventories through modest discounting

5. Which of the following can be used as an organization-wide system for strategic and operational integration?

A) Balanced Scorecard
B) Business Process Reengineering
C) Lean manufacturing
D) Quality management

Solutions: