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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 and discuss the three stages of the strategy-formulation framework, discussed in the course.  2) For each stage, include one (1) tool in your assessment.   Stage 1: Input Stage Tools: CHOOSE ONE (1) Internal Factor Evaluation (IFE) matrix, External Factor Evaluation (EFE) Matrix, Competitive Profile Matrix (CPM) Stage 2 :The Matching Stage Tools: CHOOSE ONE (1) SWOT Matrix Strategic Position and Action Evaluation Matrix (SPACE matrix)  BCG Matrix Internal-External Matrix Grand Strategy Matrix Satge 3: The Decision Stage Tool : Quantitative Strategic Planning Matrix (QSPM)

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 and discuss the three stages of the strategy-formulation framework, discussed in the course.  2) For each stage, include one (1) tool in your assessment.   Stage 1: Input Stage Tools: CHOOSE ONE (1) Internal Factor Evaluation (IFE) matrix, External Factor Evaluation (EFE) Matrix, Competitive Profile Matrix (CPM) Stage 2 :The Matching Stage Tools: CHOOSE ONE (1) SWOT Matrix Strategic Position and Action Evaluation Matrix (SPACE matrix)  BCG Matrix Internal-External Matrix Grand Strategy Matrix Satge 3: The Decision Stage Tool : Quantitative Strategic Planning Matrix (QSPM)

Understanding Business
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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The Products and Service Offered are 

  1. Electric Vehicles (EVs):
  2. Charging Infrastructure Solutions:
  3. Battery Swapping Services
  4. EV Maintenance and Repair Services:
  5. Customization and Personalization

Requirement: 

1) Given the product or service which your business proposes to offer, assess and discuss the three 
stages of the strategy-formulation framework, discussed in the course. 

2) For each stage, include one (1) tool in your assessment.  

Stage 1: Input Stage

Tools: CHOOSE ONE (1)

  • Internal Factor Evaluation (IFE) matrix,
  • External Factor Evaluation (EFE) Matrix,
  • Competitive Profile Matrix (CPM)

Stage 2 :The Matching Stage

Tools: CHOOSE ONE (1)

  • SWOT Matrix
  • Strategic Position and Action Evaluation Matrix (SPACE matrix)
  •  BCG Matrix
  • Internal-External Matrix
  • Grand Strategy Matrix

Satge 3: The Decision Stage

Tool :

  • Quantitative Strategic Planning Matrix (QSPM)

 

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