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Topic: Business
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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