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IASPStrategy Planning Professional Exam Sample Questions:

1. Which of the following is NOT included in Porter's Five Forces Model?

A) Threat of new entrants and substitute products
B) Level of competition in an industry
C) Pace of technological advance
D) Bargaining power of customers and suppliers

2. Which of the following is NOT considered a quality-management-best-practice in support of an organization's strategic direction and core values?

A) Process redesign
B) Force-field analysis
C) Quantitative measurement
D) Benchmarking

3. Benchmarking is most useful when comparing

A) current processes to past processes.
B) the organization's process to a similar process in other organizations.
C) different departments within the organization.
D) best practices to worst practices.

4. Which of the following is MOST characteristic of the process of articulating an organization's competitive strategies?

A) Should be done annually
B) Is primarily the role of a public relations department
C) Can best be accomplished by issuing written descriptions
D) Depends on a thorough understanding of the organization and its environment

5. The goal of any strategic planning process is to produce a strategic plan that

A) consumes as little resources as possible in its development.
B) has the complete support of management.
C) supports the realization of the organization's vision
D) is clear to all who read it.

Solutions: