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[General] SPP Actualtest - SPP Test Free

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【General】 SPP Actualtest - SPP Test Free

Posted at yesterday 15:08      View：4 | Replies：0        Print      Only Author   [Copy Link] 1#
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IASPStrategy Planning Professional Exam Sample Questions (Q140-Q145):NEW QUESTION # 140
Which of the following best describes core competencies?
  • A. Are easily identified and explained
  • B. Can lead to competitive advantage
  • C. Rarely change over time
  • D. Are derived from core principles
Answer: B
Explanation:
Core competencies areunique organizational capabilities that can create and sustain competitive advantageby enabling differentiation and value creation. The IASP SPP curriculum highlights their strategic importance for positioning and growth. While core competencies may evolve, they are not always easy to identify or derive solely from principles, requiring deep analysis.#IASP SPP Study Guide - Core Competencies##Prahalad & Hamel, The Core Competence of the Corporation#

NEW QUESTION # 141
Which of the following are the key considerations when determining which performance measure to apply to a strategic objective?
  • A. Is easy to track, reports on outcomes soon after the fact, and is accepted by industry leaders
  • B. Is linked to financial performance, is requested by the board of directors, gives insight as to what customers are thinking, and is predictive
  • C. Is valid and verifiable and helps to balance a mix of both leading and lagging performance indicators
  • D. Compares performance against competitors, communicates a positive message to shareholders, is tracked without creating new processes, and is predictive
Answer: C
Explanation:
Key performance measures should bevalid, verifiable, and balanced between leading (predictive) and lagging (outcome) indicators. Validity ensures measures accurately represent performance, while verification ensures reliable data. Balancing indicator types allows organizations to anticipate issues early and assess results after the fact. The IASP SPP curriculum stresses this balance as critical for effective performance management and strategic responsiveness. While ease of tracking and stakeholder acceptance are important, validity and balance are fundamental.#IASP SPP Study Guide - Performance Metrics##Kaplan & Norton, Balanced Scorecard#

NEW QUESTION # 142
Strategic planning impacts the annual planning and budgeting process by
  • A. Establishing priorities
  • B. Defining the organization's structure
  • C. Flowing budgets down to lower levels
  • D. Identifying strategies for ongoing initiatives
Answer: A
Explanation:
Strategic planning primarilyestablishes prioritiesthat guide annual planning and budgeting decisions, ensuring resource allocation aligns with strategic goals. The IASP SPP curriculum emphasizes the role of strategy in focusing organizational efforts and financial commitments. While budgets, initiatives, and structures relate to planning, priority setting is the key linkage between strategic and operational plans.#IASP SPP Study Guide - Strategic Planning and Budgeting##Kaplan & Norton, Balanced Scorecard#

NEW QUESTION # 143
Which of the following often needs to be reworked to make it more strategy-supportive, as a crucial part of the implementation process?
  • A. Budget
  • B. Execution process
  • C. Zero-defects mentality
  • D. Ethical framework
Answer: B
Explanation:
Theexecution process, which encompasses workflows, procedures, and coordination mechanisms, often requires adjustment to align better with strategic objectives. Even the best-formulated strategies can fail if existing operational processes do not support their execution. The IASP SPP curriculum highlights that reworking execution processes involves clarifying responsibilities, improving communication channels, and streamlining activities to facilitate effective strategy delivery. Budgets and ethical frameworks are important but less frequently need major realignment, and rigid cultural mindsets like a zero-defects mentality may require cultural change but are not part of execution processes themselves. Adapting execution processes is critical for bridging the gap between strategy and day-to-day operations.#IASP SPP Study Guide - Strategy Implementation##Kotter, Leading Change#

NEW QUESTION # 144
What basic principle of human behavior enhances "buy-in" and therefore implements the strategic plan?
  • A. People are naturally optimistic
  • B. People demand respect and participation
  • C. People help support what they help create
  • D. People are competitive in nature
Answer: C
Explanation:
A fundamental principle of human behavior that enhances commitment to change and strategy implementation is thatpeople tend to support and own what they help create. This principle leverages participation, engagement, and shared ownership, increasing motivation and reducing resistance. The IASP SPP curriculum highlights this as central to change management and stakeholder engagement, encouraging inclusive planning and transparent communication to foster buy-in and successful execution.#IASP SPP Study Guide - Stakeholder Engagement##Kotter, Leading Change#

NEW QUESTION # 145
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