Which Analytical Tool Determines the Relative Attractiveness of Various Strategies

question 19

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) BCG Matrix
• B) SPACE Matrix
• C) SWOT Matrix
• D) IE Matrix
• E) QSPM

---

Definitions:

Loss Aversion

A cognitive bias where the pain of losing is psychologically about twice as powerful as the pleasure of gaining.

Framing

In behavioral economics, the way in which choices are presented to consumers, affecting their decision-making and preferences.

Moral Persuasion

The act of convincing others to adopt certain behaviors or beliefs based on ethical or moral reasoning.

Energy Consumption

The amount of energy utilized by processes, activities, or devices, often measured in joules, kilowatt-hours, or other energy units.