INDIVIDUAL ACTIVITY

CALBITAZA, MICHAELA A. BSA 3B PROF. R.

GIL

Answer the following questions:

1. Cite three (3) importance of using matrix analysis in Strategic Management.

- Different matrix analysis helps the organizations to better understand the competition and
their competitive advantages in the market.
- It helps the company as well to prioritize the major issues that needed to be resolved first,
especially if it relates to the organization's internal strength and weaknesses.
- Also, this matrix analysis not only gives the results and possible actions, but it also helps the
company to look through alternative strategies that will eliminate the possible external and
internal risk factors.

2. Identify three (3) appropriate matrices to be used by a follower company and briefly explain
use of each matrix.
- BCG Matrix. It was developed to help a business decide where to invest, where to
discontinue, and where to develop products by looking at its product portfolio.
- SPACE Matrix. It was used to determine what kind of strategy a corporation should use, and
it suggested four options: aggressive, competitive, conservative, and defensive.
- SWOT Matrix. It depicts a company's strengths, weaknesses, opportunities, and threats
graphically. Furthermore, it assists a company in strategically identifying areas for
improvement or competitive advantages.

3. Cite three (3) benefits of the subject Strategic Management in your degree program.
- Strategic Management subject helps to develop and implement corporate strategies,
especially that some of us might be working in a corporate world someday.
- Also, this subject is a training ground to enhance our leadership skills, as this subject
requires not only analytical decisions but as well formulate strategies based from the
results, not only by guts.
- Lastly, this subject benefits us in a way that it gives us more opportunities to take once we
graduate, as we are already aware of how corporate world or how a company works within.