Which of the Following Is the First Step in Developing

question 34

Multiple Choice

Which of the following is the first step in developing a QSPM?

• A) Compute the Total Attractiveness Scores.
• B) Examine the Stage 2 matrices and identify alternative strategies the organization should consider implementing.
• C) Assign weights to each key external and internal factor.
• D) Determine the Attractiveness Scores.
• E) Make a list of the firm's key external opportunities/threats and internal strengths/weaknesses in the left column of the QSPM.

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Definitions:

Balkan Crisis

A series of ethnic and political crises that arose following the dissolution of Yugoslavia in the 1990s. Many atrocities were committed during the conflict, and NATO, the United Nations, and the United States intervened several times.

President Clinton

William Jefferson Clinton, who served as the 42nd President of the United States from 1993 to 2001, known for his policies on the economy and social issues.

NATO

The North Atlantic Treaty Organization, a military alliance formed in 1949 between North American and European countries for mutual defense against aggression.

Economic Reform

A process where changes are made to the policies and regulations of a country's economic system to improve its efficiency and productivity.