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IASP SPP Exam Syllabus Topics:

IASPStrategy Planning Professional Exam Sample Questions:

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

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

2. Which of the following risk mitigation strategies focuses on reducing the likelihood or impact of a risk before it occurs?

A) Risk avoidance
B) Risk transfer
C) Risk reduction
D) Risk acceptance

3. Which of the following BEST describes an effective core organizational value?

A) Is widely shared among members of the organization
B) Gives the organization a broad range of options on how best to interact with key stakeholders
C) Is highlighted on the organization's website to enhance its image
D) Is broad enough to translate into actions and transactions

4. All of the following are true about an effective communications strategy to drive change EXCEPT:

A) It crafts personalized messages for different audiences and stakeholders
B) It recognizes that message timing and roll-out need to be correctly sequenced
C) It assures one carefully crafted standard message for all audiences and stakeholders
D) It identifies appropriate media approaches for the various stakeholder segments

5. Which of the following steps is MOST appropriate when further defining the actions of a strategic plan?

A) Identify which items should be completed in years 1, 2, and 3
B) Break down long-term strategic plans into annual and project plans
C) Contain depiction of the long-term strategic plan to a 3-year horizon
D) Determine success indicators for the 1, 2, and 3-year horizons

Solutions: