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This preview shows page 15 - 18 out of 25 pages. 58. Which stage of the strategy formulation framework contains the Internal-FactorEvaluation Matrix?a. input stageb. analysis stagec. matching staged. decision stagee. output stageAns: a Page: 219 The Matching Stage59. The match an organization makes between its internal resources and skills and theopportunities and risks created by its external factors can be defined as: Get answer to your question and much more e. An opportunityAns: c Page: 22060. Which section of the SWOT Matrix involves matching internal strengths with externalopportunities? Get answer to your question and much more 61. Which strategies aim at improving internal weaknesses by taking advantage of externalopportunities? Get answer to your question and much more 62. Which strategies use a firm’s strengths to avoid or reduce the impact of externalthreats?a. SWb. WOc. SOd. STe. WTAns: d Page: 221 63. Which strategies are defensive tactics directed at reducing internal weaknesses andavoiding environmental threats. Get answer to your question and much more 64. How many cells are in a SWOT Matrix? Get answer to your question and much more 65. Which of the following is not a step of a SWOT Matrix? Get answer to your question and much more Get answer to your question and much more 66. Which of these is not a SPACE Matrix quadrant?a. Aggressiveb. Defensivec. Competitived. Offensivee. ConservativeAns: d Page: 225 67. The two internal dimensions represented on the axes of the SPACE Matrix are Get answer to your question and much more 68. What are two external dimensions of the SPACE Matrix? Get answer to your question and much more Upload your study docs or become a Course Hero member to access this document Upload your study docs or become a Course Hero member to access this document End of preview. Want to read all 25 pages? Upload your study docs or become a Course Hero member to access this document Get answer to your question and much more 61) Which section of the SWOT Matrix involves matching internal strengths with external op-portunities?E Get answer to your question and much more 62) Which strategies aim at improving internal weaknesses by taking advantage of external op-portunities?A) SOB) WOC) SWD) STE) WTAnswer:B 63) Which strategies use a firm's strengths to avoid or reduce the impact of external threats?D Get answer to your question and much more 64) Which strategies are defensive tactics directed at reducing internal weaknesses and avoidingexternal threats?E Get answer to your question and much more 65) How many cells are in a SWOT Matrix?E Get answer to your question and much more 166) Which of the following is not one of the steps involved in constructing a SWOT Matrix? Which stage of the strategy formulation framework includes an internal factor evaluation matrix?The answer is A) input stage. The strategy-formulation framework has three stages; the input stage, the matching stage, and the decision stage. The input stage includes the use of the IFE and EFE matrix.
Which stage of the strategy formulation framework consists of the quantitative strategic planning matrix?The Quantitative Strategic Planning Matrix (QSPM), which comprises Stage 3 of the strategy-formulation analytical framework, objectively indicates which alternative strategies are best.
What are the 3 stages in the strategy formulation framework?Techniques of strategy formulation can be integrated into a decision making framework. Strategies can be identified, evaluated and selected by this framework that includes three stages: (1) input stage, (2) matching stage, and (3) decision stage (Figure 1) (David, 2007).
Which matrix is included in the decision stage?Stage three, called the decision stage, involves a single technique, the Quantitative Strategic Planning Matrix (QSPM). A QSPM uses input information from stage one to objectively evaluate feasible strategies identified in stage two.
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Which stage of the strategy-formulation framework contains the internal-factor evaluation matrix?
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