The Products and Service Offered are Electric Vehicles (EVs):Charging Infrastructure Solutions:Battery Swapping ServicesEV Maintenance and Repair Services:Customization and PersonalizationRequirement: 1) Given the product or service which your business proposes to offer, assess the three stages of the strategy-formulation framework, discussed in the course. (See image below for what was discussed in the course)o For each stage, include one (1) tool in your assessment. External FactorEvaluation (EFE)MatrixStrategic PositioningSTAGE 1: THE INPUT STAGECompetitiveProfile Matrix(CPM)STAGE 2: THE MATCHING STAGEStrategic Positioningand Action Evaluation and Action Evaluation(SPACE) Matrix(SPACE) MatrixInternal FactorEvaluation (IFE)MatrixBoston ConsultingGroup (BCG)MatrixInternal-External(IE) MatrixGrand StrategyMatrixSTAGE 3: THE DECISION STAGEQuantitative Strategic Planning Matrix (QSPM)

Given the products and services offered by the business, here is an assessment of the three stages…

Answered: External Factor Evaluation (EFE) Matrix…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Related questions

Question

The Products and Service Offered are

Electric Vehicles (EVs):
Charging Infrastructure Solutions:
Battery Swapping Services
EV Maintenance and Repair Services:
Customization and Personalization

Requirement:

1) Given the product or service which your business proposes to offer, assess the three
stages of the strategy-formulation framework, discussed in the course. (See image below for what was discussed in the course)
o For each stage, include one (1) tool in your assessment.

Transcribed Image Text:External Factor Evaluation (EFE) Matrix Strategic Positioning STAGE 1: THE INPUT STAGE Competitive Profile Matrix (CPM) STAGE 2: THE MATCHING STAGE Strategic Positioning and Action Evaluation and Action Evaluation (SPACE) Matrix (SPACE) Matrix Internal Factor Evaluation (IFE) Matrix Boston Consulting Group (BCG) Matrix Internal-External (IE) Matrix Grand Strategy Matrix STAGE 3: THE DECISION STAGE Quantitative Strategic Planning Matrix (QSPM)

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