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IASPStrategy Planning Professional Exam Sample Questions:

1. Which of the following BEST represent the macro level factors to include in an environmental scan?

A) Geopolitical, sociocultural, economic, technology, environmental, and industry trends
B) Regulatory, customer, competitive, labor, and supplier trends
C) Industry life cycle, demographics, changing profile of current customers, international trends, and events pertaining to the industry
D) Patterns of competition, technology, usage/consumption/service buying patterns, and barriers to exit

2. How do collaborative online tools affect an organization's way of interacting with its customers?

A) Can work for or against an organization
B) Diminish the organization's ability to manage its relationship with customers
C) Provide instant and continuous communication with customers
D) Provide various customer feedback tools

3. How can a strategic planner ensure the planning process is improved over time?

A) Review records to see where the organization has been compared to the current situation
B) Require periodic reports from the organization to track progress
C) Set up mechanisms to manage continuous improvement
D) Use guided imagery to envision the ideal planning process

4. A mission statement does NOT answer which of the following questions?

A) How an organization operates
B) Why an organization exists
C) Who an organization serves
D) What an organization produces

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

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

Solutions: