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IASPStrategy Planning Professional Exam Sample Questions:

1. Which of these actions should be taken first, if and when a strategic plan does not seem to be unfolding as expected?

A) Make modifications to the strategic plan
B) Demonstrate patience because change takes time.
C) Restructure the internal advisory team.
D) Determine the reasons for the plan not working.

2. Which of the following is an essential element of any environmental scan?

A) Management biographies
B) Workload analysis
C) Long-term climate predictions
D) Competitive analysis

3. Which of the following BEST characterizes strategy?

A) Is a restatement of the organization's mission
B) Is explicitly defined and means the same thing to everyone
C) Has several different meanings at different organizational levels
D) Exists only at the enterprise-wide level, not at business unit levels

4. According to the concept of Blue Ocean Strategy, blue oceans represent

A) highly competitive markets
B) untapped market space
C) regulated markets
D) presently defined market space

5. The art of stress-free productivity depends on MANAGING which of the following?

A) Technology
B) Actions
C) Customers
D) Finances

Solutions: