Which Analytical Tool Determines the Relative Attractiveness of Various Strategies

question 36

Multiple Choice

Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized upon or improved?

• A) Boston Consulting Group (BCG) Matrix
• B) Strategic Position and Action Evaluation (SPACE) Matrix
• C) Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix
• D) Internal-External (IE) Matrix
• E) Quantitative Strategic Planning Matrix (QSPM)

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Definitions:

Individualistic Culture

A culture that emphasizes the rights and freedoms of the individual over the needs and demands of the group.

Cooperative

Pertaining to a willingness or tendency to work together towards a common goal or benefit.

Interdependent

A relationship in which each member is mutually dependent on the others, often used to describe social or economic systems.

Rights

Entitlements or permissions typically upheld by legal systems and ethical principles, granting individuals the ability to perform certain actions or be treated in specific ways.