Quenie R.

De la Cruz Strategic Management

BSBA FM 4- 3 October 13, 2021

ASSIGNMENT IN STRATEGY ANALYSIS AND CHOICE

1. Describe a three-stage framework for choosing among alternative strategies.

The three-stage framework alternative strategies are the following:
 The Input Stage, that includes the External Factor Evaluation (EFE) Matrix, the
Competitive Profile Matrix (CPM), and the Internal Factor Evaluation (IFE) Matrix. The
input tools require strategies to quantify subjectively during early stages of the
strategy-formulation process. Making small decisions in the input matrices regarding the
relative importance of of both external and internal factors, that allows strategists to
generate and evaluate alternatives strategies in more effective manner.

 The Matching Stage, includes the SWOT analysis, the Boston Consulting Group Matrix
and The Grand Strategy Matrix. These tool matches and relying upon the information
derived from the input stage to match external opportunities and threats with internal
strengths and weaknesses. In any organization, whether in product-oriented,
service-oriented, governmental or even in the Military and Athletic must have a better,
develop in executing well oriented strategies too enable to win. This stage focuses in
generating possible alternative strategies by means of matching the key external and
internal factors.

 The Decision Stage involves a single technique, the Quantitative Strategic Planning
Matrix (QSPM). The QSPM is using input information from Stage 1 to objectively evaluate
feasible alternative strategies identified in Stage 2. The QSPM tool reveals the alternative
attractiveness of alternative strategies and thus objective basis for selecting specific
strategies. In this kind of technique, top managers allows to asses alternative strategies
objectively, that based on the firm’s internal strengths weaknesses and external
opportunities as well the threats. (David, 1986).

2. Discuss the role of intuition in strategic analysis and choice.

Intuition is a way of knowing without conscious reasoning. In several and different firms
and organizations, the intuitive process is used under the strategic management to develop
effective decisions for attaining the goals and objectives of organizations. It provide a
conceptual foundation that suggests the directions in which new strategies and researches
should take. Intuition too is providing an indication on how to solve the problem with the help of
using sensing and without the use of rational process.

3. Answer Assurance of Learning Exercise 6F. The Mach Test. Show your answer on a
separate sheet of paper.