Pass the IASP Strategy Planning Professional (SPP) Certification Level I SPP Questions and answers with CertsForce

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Viewing questions 11-20 out of questions
Questions # 11:

Which of the following is the LEAST effective growth strategy?

Options:

A.

International expansion


B.

Divestiture of noncore businesses/programs


C.

Vertical integration


D.

Acquisition of a key competitor


Expert Solution
Questions # 12:

Which of the following are the key considerations when determining which performance measure to apply to a strategic objective?

Options:

A.

Is easy to track, reports on outcomes soon after the fact, and is accepted by industry leaders


B.

Compares performance against competitors, communicates a positive message to shareholders, is tracked without creating new processes, and is predictive


C.

Is valid and verifiable and helps to balance a mix of both leading and lagging performance indicators


D.

Is linked to financial performance, is requested by the board of directors, gives insight as to what customers are thinking, and is predictive


Expert Solution
Questions # 13:

Which of the following is the most important tool when considering uncertainty in the external environment?

Options:

A.

Consensus building


B.

Embedded corporate culture


C.

Scenario planning


D.

Decision tree analysis


Expert Solution
Questions # 14:

"Positioning" is BEST described as

Options:

A.

an organization's choice of media and strategies for marketing its products/services.


B.

what differentiates an organization in the eyes of its customers.


C.

the relative value of an organization's stock compared to its competitors.


D.

an organization's location in relation to its largest segment.


Expert Solution
Questions # 15:

People are MOST likely to be influenced by a leader's

Options:

A.

Passion and emotions.


B.

Statements and vision.


C.

Actions and behaviors.


D.

Style and personality.


Expert Solution
Questions # 16:

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

Options:

A.

Bargaining power of customers and suppliers


B.

Threat of new entrants and substitute products


C.

Level of competition in an industry


D.

Pace of technological advance


Expert Solution
Questions # 17:

Which of the following is NOT a desired goal of effective pre-meetings?

Options:

A.

Make policy decisions with senior leadership


B.

Resolve political issues


C.

Identify issues


D.

Gather input from participants


Expert Solution
Questions # 18:

Which of the following questions is MOST critical because it leads to more effective thinking and planning?

Options:

A.

When?


B.

Why?


C.

Who?


D.

What?


Expert Solution
Questions # 19:

To ensure that departmental plans contribute optimally to corporate-wide strategy, a sound practice is to

Options:

A.

Create high integrity departmental plans, then integrate them around shared strategic priorities


B.

Create departmental and organization strategic plans at the same time


C.

Structure the organization-wide plan to define departmental priorities


D.

Build departmental plans around organization strategy objectives and initiatives


Expert Solution
Questions # 20:

Which of the following can be used as an organization-wide system for strategic and operational integration?

Options:

A.

Quality management


B.

Lean manufacturing


C.

Balanced Scorecard


D.

Business Process Reengineering


Expert Solution
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