Strategy analysis and choice largely involves making subjective decisions based on objective information. True or false? Explain your answer.

Which of the following statements BEST describes the Gartner’s ‘Magic Quadrant’?  Helps businesses understand their current and future competitive landscapes. Helps businesses get a clear picture about their strong points and weak points relative to their competitors. Helps businesses prioritize and strategize your business investments among smaller business units. Helps businesses analyze and represent a particular product/market/industry in terms of their ability to deliver based on their vision.

What are the advantages of integrating ERM with strategy and strategy execution as described in this case? How does scenario analysis as described in this case help an organization to prepare for uncertainties? What are the advantages of using the PAPA model to categorize risks? How would you describe the “Strategic Risk Management Return on Investment” at LEGO?

The tools presented in the strategy formulation framework are applicable to all sizes and types of organizations and can help strategists identify, evaluate, and select strategies. Which of the below tools, used in the process,  allows strategists to evaluate alternative strategies objectively based on previously identified external and internal critical success factors? a. SPACE Matrix b. Internal-External (IE) Matrix c. SWOT Analysis d. Quantitative Strategic Planning Matrix

Please answer all the three questions of multiple choice questions. I need help on this from experts. Please answer in 30 minutes.

Jamie McCullough, owner of Leisure World, Inc., is worried about his business’ future. He has tried various strategies for two years now, and he’s still barely breaking even. Two years ago, Jamie McCullough bought the inventory, supplies, equipment, and business of Leisure World, located on the edge of Minneapolis, Minnesota. The business is in an older building along a major highway leading out of town, several miles from any body of water. The previous owner had sales of about $500,000 a year but was just breaking even. For this reason—plus the desire to retire to Arizona—the owner sold to Jamie for roughly the value of the inventory. Leisure World had been selling two well-known brands of small pleasure boats, a leading outboard motor, two brands of snowmobiles and jet-skis, and a line of trailer and pickup-truck campers. The total inventory was valued at $250,000—and Jamie used all of his own savings and borrowed some from two friends to buy the inventory and the business. At the…