Which Analytical Tool Determines the Relative Attractiveness of Various Strategies

question 11

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?

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

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Definitions:

Interest Rate

The cost of borrowing money or the return on savings, expressed as a percentage, influencing economic activity by affecting spending and investment decisions.

Consumption Function

An economic formula representing the relationship between total consumption and gross national income, indicating how changes in income affect spending.

Saving

The portion of income not spent on current expenditures or consumption, often put aside for future use or investment.

Disposable Income

The amount of money a household has available for spending and saving after income taxes have been accounted for.