Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Transcribed Image Text:Question # 5: Analyze the following strategic formulation analytical framework?
The Strategy-Formulation Analytical Framework
STAGE 1: THE INPUT STAGE
External Factor
Evaluation (EFE)
Matrix
Competitive
Profile
Matrix (CPM)
Internal Factor
Evaluation (IFE)
Matrix
STAGE 2: THE MATCHING STAGE
Strengths-Weaknesses- Strategic Position and
Opportunities-Threats Action Evaluation
(SWOT) Matrix
Boston Consulting
Group (BCG)
Matrix
Internal-External
(IE) Matrix
Grand Strategy
Matrix
(SPACE) Matrix
STAGE 3: THE DECISION STAGE
Quantitative Strategic Planning Matrix (QSPM)
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