Paki Explain Po A Comprehensive Strategy Formulation Framework Explain Please​

paki explain po a comprehensive strategy formulation framework explain please​

Answer:

In a Comprehensive Strategy-Formulation Framework, the first stage happens to be the input stage. This is followed by the stage of decision. In the second stage, Quantitative Strategic Planning Matrix is involved in the strategy-formulation framework. The Stage 2 also includes:

Grand Strategy Matrix

Internal-External (IE) Matrix

Boston Consulting Group (BCG) Matrix

Strategic Position and Action Evaluation (SPACE) Matrix

Strengths-Weaknesses-Opportunities-Threats(SWOT) Matrix

In the Input Stage, sound intuitive judgment is perpetually necessary for finding out suitable ratings and weights in the in the matrices of the stage.

It is necessary to complete the SWOT Matrix prior to the SPACE Matrix while completing the strategy-formulation framework’s matching stage. Matching key factors are used for creating viable alternative strategies. Strengths-opportunities strategies depend on exploiting the inner strengths of a company, to benefit from external risks and opportunities.

Explanation:

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