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IASP SPP Exam Syllabus Topics:

IASPStrategy Planning Professional Exam Sample Questions:

1. When a direct report makes a mistake, the fault belongs to

A) no one.
B) the direct report only.
C) the direct report and supervisor.
D) the policies and procedures.

2. What should a leader do FIRST after making a mistake?

A) Correct the problem
B) Determine who else contributed
C) Determine the right answer and actions
D) Acknowledge the mistake

3. Which of the following is NOT a benefit of portfolio planning?

A) Gives organization-wide visibility concerning strategic performance
B) Decentralizes control strategy
C) Provides framework that can be adapted to each organization's needs
D) Yields higher-quality strategies

4. Which of the following is the MOST critical responsibility of the board of directors before approving a strategic plan?

A) Provide solid strategic alternatives
B) Ensure alignment of talent with the plan
C) Participate in effective debate on the operating plan
D) Ask perceptive and insightful questions

5. 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

Solutions: