STRATEGIC MANAGEMENT 4-1

The summarizes the basic input information needed to formulate strategies.

• INPUT STAGE

• MATCHING STAGE

• DECISION STAGE

Allows strategists to summarize and evaluate the major strengths and weaknesses of the functional areas of a business, and it also provides

• IFE matrix

• EFE Matrix

• CPM

allows strategists to summarize and evaluate the economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information.

• IFE Matrix

• CPM

• EFE Matrix

This is one of the develop four strategies

• SO Strategies

• WO Strategies

• ST Strategies

• WT Strategies

Aim at improving internal weaknesses by taking advantage of external weaknesses that prevent it from exploiting those opportunities

• WO strategies

• ST Strategies

• WT Strategies

• SO Strategies

What are the variables used in SPACE Matrix

• Financial Position

• Instability Position

• Competitive Position

• Industry Position

What are the variables used in BCG MATRIX?

• Question Marks

• Moon

• Cash Cows

• Dogs

What are the two evaluative dimensions?

• competitive position

• financial growth

• market growth