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IASPStrategy Planning Professional Exam Sample Questions (Q37-Q42):

NEW QUESTION # 37
Which of the following practices is aligned with the company's purpose, mission, and strategies?

A. Clear out year-end inventories by exporting to developed overseas markets like China
B. Clear out year-end inventories by expanding into factory outlets
C. Write off and destroy year-end inventories
D. Allow high-end department store partners to clear year-end inventories through modest discounting

Answer: D

Explanation:
Allowinghigh-end department store partners to clear inventories through modest discountingmaintains brand integrity and aligns with the company's mission and strategic positioning. This approach preserves the premium image and supports key retail partnerships. Other options risk diluting brand value (factory outlets), misaligning market focus (exports), or reflect poor inventory management (write-offs). The IASP SPP curriculum highlights that operational practices must be consistent with strategic intent to sustain competitive advantage and stakeholder trust.#IASP SPP Study Guide - Strategy Alignment##Kaplan & Norton, Balanced Scorecard#

NEW QUESTION # 38
A fundamental benefit of using the Balanced Scorecard is that it provides a means to link a long-term strategy with

A. financial results.
B. the learning and growth perspective.
C. All of the above.
D. the customer's as well as an internal perspective.

Answer: C

Explanation:
The Balanced Scorecard integrates multiple perspectives-financial results, customer focus, internal processes, and learning and growth-to provide a holistic link between long-term strategy and operational execution. This framework helps organizations balance financial objectives with non-financial drivers, aligning day-to-day activities with strategic goals. The IASP SPP curriculum highlights that this multidimensional approach enables comprehensive performance measurement, enhances strategic feedback, and supports continuous improvement. By incorporating customer and internal perspectives alongside financial metrics, the Balanced Scorecard ensures strategy is actionable and measurable across the organization, making it a powerful tool for aligning performance with strategy.#IASP SPP Study Guide - Balanced Scorecard##Kaplan & Norton, Balanced Scorecard#

NEW QUESTION # 39
As an essential skill for strategic planning professionals, effective communication is BEST demonstrated by

A. broadcasting streaming messages.
B. interacting to get honest feedback.
C. sending single direction messages to recipients.
D. sending recurring newsletters.

Answer: B

Explanation:
Effective communication in strategic planning goes beyond one-way messaging; it involvesinteractive dialogue aimed at obtaining honest feedback. This two-way communication enables leaders to understand employee perspectives, address concerns, and incorporate valuable input into the strategic process. The IASP SPP curriculum highlights that honest feedback is essential for refining strategy and fostering engagement, which promotes ownership and alignment. Methods such as newsletters or broadcast messages lack the interactive component and therefore are less effective at eliciting meaningful feedback necessary for successful strategy development and implementation.#IASP SPP Study Guide - Communication Skills#
#Kotter, Leading Change#

NEW QUESTION # 40
What is the key activity when working with middle management on strategic plan implementation?

A. Building buy-in and ownership of the strategy
B. Listening to staff problems
C. Communicating the strategy and issues
D. Understanding the departmental objectives

Answer: A

Explanation:
Middle management plays a critical role in bridging senior leadership and frontline employees during strategic plan implementation. The key activity in working with middle management isbuilding buy-in and ownership of the strategy. Ownership motivates middle managers to actively champion the strategy, align team efforts, and ensure that operational actions support strategic goals. The IASP SPP curriculum emphasizes that without genuine commitment from middle managers, strategic plans often fail during execution. Middle managers are accountable for translating strategic intent into specific tasks and maintaining momentum. While communication and understanding objectives are important, these support activities are secondary to securing ownership to drive performance.#IASP SPP Study Guide - Implementation Leadership#
#Kotter, Leading Change#

NEW QUESTION # 41
Which of the following is an essential element of any environmental scan?

A. Long-term climate predictions
B. Management biographies
C. Competitive analysis
D. Workload analysis

Answer: C

Explanation:
An environmental scan is a critical first step in strategic planning, involving the collection and analysis of information about external and internal factors that can affect the organization. Among essential elements, competitive analysisis fundamental as it helps identify the organization's competitors, their strengths and weaknesses, and potential threats or opportunities in the competitive landscape. This aligns with IASP's focus on understanding external environmental factors, as the competitive environment directly influences strategic decision-making. Long-term climate predictions or workload analysis, while potentially useful in some contexts, are not universally essential, and management biographies are internal data that do not inform external environmental scanning. Competitive analysis enables organizations to proactively position themselves in the market and anticipate changes that impact strategic success.#IASP SPP Study Guide - Environmental Scanning##Porter, M.E. Competitive Strategy, 1980#

NEW QUESTION # 42
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