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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2599 |
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Called the Input Stage, Stage 1 summarizes the basic input information needed to formulate strategies.
STAGE 2: THE MATCHING STAGE
Stage 2, called the Matching Stage, focuses upon generating feasible alternative strategies by aligning key external and internal factors. Stage 2 techniques include the Threats-Opportunities-Weaknesses- Strengths (TOWS) Matrix, the Strategic Position and Action Evaluation (SPACE) Matrix, the Boston Consulting Group (BCG) Matrix, the Internal-External (IE) Matrix, and the Grand Strategy Matrix...
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Stage 2 techniques include the Threats-Opportunities-Weaknesses- Strengths (TOWS) Matrix, the Strategic Position and Action Evaluation (SPACE) Matrix, the Boston Consulting Group (BCG) Matrix, the Internal-External (IE) Matrix, and the Grand Strategy Matrix.
STAGE 3: THE DECISION STAGE
Stage 3, called the Decision Stage, and involves a single technique, the Quantitative Strategic Planning Matrix (QSPM)...
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