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Updated: Jul 01, 2026
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IASPStrategy Planning Professional Exam Sample Questions:
1. Continuous improvement of strategic plans is needed because it keeps
A) an organization viable.
B) strategic planners employed.
C) stakeholders informed.
D) senior executives employed.
2. Which of the following BEST characterizes strategy?
A) Exists only at the enterprise-wide level, not at business unit levels
B) Is explicitly defined and means the same thing to everyone
C) Is a restatement of the organization's mission
D) Has several different meanings at different organizational levels
3. Well-planned and ongoing communication during the planning process is essential to ensure "buy-in" and continuous engagement ("stay-in") of which of the following groups?
A) Board of directors
B) Shareholders
C) Key internal and external stakeholders, and the Board of Directors
D) Senior management
4. What BEST characterizes a strategic plan?
A) A plan that needs to be translated into practical operational terms
B) A plan that should be developed by a specially trained strategic planner
C) A breakdown of all the functions of the organization
D) A plan that should be revised at least monthly
5. Cost reduction can be MOST consistently achieved by
A) Reducing staff to minimum essential levels
B) Pressuring suppliers to cut corners
C) Investing heavily in information technology
D) Reducing unnecessary processes
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |
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