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IASPStrategy Planning Professional Exam Sample Questions:

1. How often should key stakeholders have access to project status information?

A) At key milestone markers
B) When decisions are required
C) Anytime they want
D) When the outcomes are achieved

2. Which of the following is the LEAST effective growth strategy?

A) Vertical integration
B) Acquisition of a key competitor
C) International expansion
D) Divestiture of noncore businesses/programs

3. Which of the following should be done FIRST in developing a strategic plan?

A) Develop performance measures
B) Conduct a broad environmental scan
C) Complete an enterprise-wide strategy map
D) Identify action plans

4. Which of the following LEAST contributes to customer value?

A) Enticing customers to participate in surveys
B) Providing a caring customer service
C) Providing customer appreciation
D) Anticipating and adjusting for the psychological cost of the product to the customer

5. Which of the following is a commonly used quantitative tool for making a final decision?

A) Force field analysis
B) Trend analysis
C) Cost-benefit analysis
D) Delphi process

Solutions: