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IASP SPP Certification Exam Questions in 3 User-Friendly Formats
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IASPStrategy Planning Professional Exam Sample Questions (Q94-Q99):
NEW QUESTION # 94
Which of the following BEST describes an effective core organizational value?
- A. Is highlighted on the organization's website to enhance its image
- B. Is broad enough to translate into actions and transactions
- C. Gives the organization a broad range of options on how best to interact with key stakeholders
- D. Is widely shared among members of the organization
Answer: D
Explanation:
Effective core organizational values are those that arewidely shared and embraced across the organization, guiding behavior, decision-making, and culture consistently. Shared values unify employees, foster trust, and shape interactions internally and externally. The IASP SPP framework highlights that values must be authentic and practiced to influence organizational success meaningfully. While values should be actionable (option B), the critical factor is their genuine adoption rather than broad wording or external promotion.
Highlighting values on websites alone does not ensure cultural impact.#IASP SPP Study Guide - Organizational Culture##Schein, Organizational Culture and Leadership#
NEW QUESTION # 95
Which of the following is the BEST way to obtain feedback once a draft strategic plan has been created?
- A. Post the draft strategic plan on the website
- B. Meet with key stakeholders
- C. Send a paper copy of the draft strategic plan to stakeholders
- D. Have the chief executive call the stakeholders
Answer: B
Explanation:
Meetingdirectly with key stakeholdersprovides the best feedback because it enables interactive dialogue, immediate clarification, and deeper understanding. This approach fosters engagement, trust, and constructive input, allowing planners to refine the strategic plan effectively. The IASP SPP curriculum highlights that personal interaction is essential for buy-in and quality feedback. Passive distribution methods like posting online or sending copies lack engagement and risk misunderstanding or limited response.#IASP SPP Study Guide - Stakeholder Engagement##Freeman, Strategic Management#
NEW QUESTION # 96
Innovation and creativity come from
- A. encouraging our own cross-functional teams to develop original ideas and strategies.
- B. absorbing the strategic best practices of other organizations to identify a metric for judging strategic needs.
- C. eliminating all but one of your company's traditional products/services.
- D. asking a single research consultant how people use our products or services.
Answer: A
Explanation:
Innovation and creativity are best fostered byencouraging internal cross-functional teams to develop original ideas and strategies. This approach leverages diverse perspectives and expertise, promotes ownership, and aligns innovation with organizational context. The IASP SPP curriculum underscores that internal collaboration is more sustainable and relevant than relying solely on external consultants or benchmarking. While best practices are informative, original ideas tailored to organizational capabilities and market needs drive true innovation. Product elimination may reduce complexity but does not inherently foster creativity.#IASP SPP Study Guide - Innovation Management##Prahalad & Ramaswamy, Co-creation of Value#
NEW QUESTION # 97
Which of the following BEST describes value chain analysis?
- A. Is the product solely of financial analysis
- B. Measures only critical labor, materials, and support costs
- C. A process that helps calculate value added
- D. A summary of costs
Answer: C
Explanation:
Value chain analysis isa systematic process that helps organizations identify and calculate the value added at each step of delivering products or services. It dissects primary and support activities to evaluate how they contribute to competitive advantage and customer value. The IASP SPP curriculum underscores that value chain analysis is a strategic tool enabling organizations to pinpoint strengths, inefficiencies, and differentiation opportunities. It is broader than just financial summaries or cost listings and involves qualitative and quantitative assessment.#IASP SPP Study Guide - Value Chain Analysis##Porter, Competitive Advantage#
NEW QUESTION # 98
Which of the following is MOST ideal for developing teamwork?
- A. Practice team-building through other activities unrelated to the project
- B. Ensure everyone understands how their work helps to accomplish the project objectives
- C. Isolate a small function of the project
- D. Identify who is responsible for tasks
Answer: B
Explanation:
Teamwork flourishes best wheneveryone understands how their work contributes to overall project objectives. This shared understanding aligns efforts, fosters collaboration, and enhances motivation. The IASP SPP curriculum stresses that connecting individual roles to common goals promotes ownership and collective accountability, which are essential for effective teamwork. Isolating functions or unrelated team- building activities may build social bonds but do not replace clear purpose alignment necessary for performance.#IASP SPP Study Guide - Teamwork##Katzenbach & Smith, The Wisdom of Teams#
NEW QUESTION # 99
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