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IASPStrategy Planning Professional Exam Sample Questions:

1. According to the Boston Consulting Group (BCG) and other subject matter experts, when it comes to the development of a "Business Model" for an organization, the process normally involves focusing on two elements:

A) (1) the relationship between stakeholder groups; and, (2) the persona analysis and design.
B) (1) the organization's mission; and, (2) the organization's current vision.
C) (1) an environmental scan; and, (2) a SWOT cross-impact analysis.
D) (1) the value proposition; and, (2) the operating model.

2. Individual stress results from a reaction to

A) positive events only.
B) positive and negative events.
C) primarily external situations.
D) negative events only.

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

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

4. What are the core elements of the RACI methodology used for coordinating roles?

A) Responsible, accountable, consulted, informed
B) Realistic, achievable, consulted, informed
C) Requestor, approver, consultant, informer
D) Requires, approves, consults, inquires

5. Factors to consider in defining an organization's strategy and business model include all of the following EXCEPT:

A) Market assumptions
B) Customer segments and relationships
C) The public image of the company in the media
D) The company's value proposition

Solutions: