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Newest IASP - SPP Valid Exam Materials

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IASPStrategy Planning Professional Exam Sample Questions (Q143-Q148):

NEW QUESTION # 143
Which of the following is the BEST method for facilitation among geographically dispersed team members?

A. Making a phone call
B. Using a combination of email, telephone, and online meetings
C. Using a slide show presentation
D. Having team members meet each other previously

Answer: B

Explanation:
Effective facilitation of geographically dispersed teams requiresa combination of communication channels-email, telephone, and online meetings-to support rich, frequent interaction. This multimodal approach overcomes distance barriers, accommodates different preferences, and sustains engagement. The IASP SPP curriculum recognizes technology-enabled facilitation as critical for virtual collaboration, ensuring team cohesion and productivity. Single-channel approaches or relying on prior meetings lack the continuous, multifaceted communication needed for effective virtual teamwork.#IASP SPP Study Guide - Virtual Team Management##Powell et al., Virtual Teams: A Review of Current Literature#

NEW QUESTION # 144
Which of the following is the MOST critical responsibility of the board of directors before approving a strategic plan?

A. Provide solid strategic alternatives
B. Ensure alignment of talent with the plan
C. Participate in effective debate on the operating plan
D. Ask perceptive and insightful questions

Answer: D

Explanation:
Before approving a strategic plan, the board'smost critical responsibility is to ask perceptive and insightful questions. This rigorous scrutiny tests assumptions, uncovers risks, and challenges strategic robustness. The IASP SPP curriculum stresses that active questioning ensures high-quality governance, improving strategic outcomes and stakeholder confidence. While debating, providing alternatives, and talent alignment are important, the board's fundamental oversight role is exercised through critical inquiry.#IASP SPP Study Guide - Governance##Tricker, Corporate Governance#

NEW QUESTION # 145
The main value of the balanced scorecard model lies in its emphasis on forging a balanced approach to measuring and managing strategic control factors. To this end, an attribute of a complete Balanced Scorecard is that it includes a mixture of

A. Profit and non-profit objectives
B. Historical, financial, operating, and strategic measures
C. Operating and financial objectives
D. Financial accountability-focused, customer-focused, internal process-focused and learning and growth- focused strategic objectives

Answer: D

Explanation:
The Balanced Scorecard's main value is balancing multiple strategic perspectives, specificallyfinancial accountability, customer focus, internal processes, and learning and growth objectives. This balanced approach ensures comprehensive measurement and management of factors critical to strategy success. The IASP SPP curriculum underlines that focusing solely on financial or operational metrics neglects drivers of future performance, which the Balanced Scorecard addresses.#IASP SPP Study Guide - Balanced Scorecard#
#Kaplan & Norton, Balanced Scorecard#

NEW QUESTION # 146
Which of the following BEST summarizes what the strategic management and measurement system should measure?

A. Organization's shared vision of the future
B. Benchmarks comparing different industry standards
C. Organization's mission and purpose
D. Actual progress relative to organizational performance targets

Answer: D

Explanation:
Strategic management systems should primarily measureactual progress relative to defined performance targets, enabling evaluation of how well strategies translate into results. The IASP SPP curriculum stresses that measurement informs decision-making, accountability, and continuous improvement by tracking tangible outcomes rather than abstract concepts or benchmarks alone.#IASP SPP Study Guide - Performance Measurement##Kaplan & Norton, Balanced Scorecard#

NEW QUESTION # 147
How are key stakeholders identified?

A. Consider the list of the board of directors
B. Identify the major corporate shareholders
C. Identify organization's highest lifetime value customers
D. Consider those who are most affected by and able to affect the outcomes

Answer: D

Explanation:
Key stakeholders are identified by consideringthose individuals or groups who are most affected by and have the ability to influence the outcomes of a project or strategic initiative. This broad perspective ensures inclusion of all critical parties, internal or external, that can impact success or failure. The IASP SPP curriculum emphasizes the importance of comprehensive stakeholder analysis for effective engagement, risk mitigation, and support. Limiting focus to boards, customers, or shareholders alone misses other important influencers such as employees, partners, or regulators.#IASP SPP Study Guide - Stakeholder Analysis#
#Freeman, Strategic Management#

NEW QUESTION # 148
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