121. What is the BCG Matrix ideal for analyzing? Show 122. The BCG measures relative market share position as 123. __________ should not be included as a factor in the Environmental Stability (ES) computation. 124. What are two external dimensions of SPACE Matrix? 125. If the SPACE Matrix directional vector falls in the aggressive quadrant, which of
these strategies are not appropriate? 126. Which of these quadrants in SPACE Matrix implies staying close to the firm’s basic competencies and not taking excessive risks? 127. ______________ is common to the defensive and conservative
quadrants of a SPACE Matrix. 128. What type of strategies would you recommend when a firm’s SPACE Matrix directional vector has the coordinates (-2, +3)? 129. In the SPACE analysis what does a (+6, +3)
strategy profile portray? 130. How would a division with a low relative market share position in a high growth industry be described? 131. When a division of an organization has a high relative
market share and is in a fast-growing industry, it is called a 132. A division with a high relative market share position in a low-growth industry can be described as a 133. Which of these is an attractive strategy for a cash cow division? 134. Most likely, a cash cow was what in the past? 135. The BCG Matrix limitations include 136. The BCG Matrix and the IE Matrix are different in all of the following aspects except 137.
What has four quadrants based on two dimensions: competitive position and market growth? 138. Firms located in which quadrant of the Grand Strategy Matrix are in an excellent strategic position? 139. __________ in the Grand Strategy Matrix is recommended for a firm
with rapid market growth and a strong competitive position. 140. The Grand Strategy Matrix can be used to evaluate competitive position and market growth for 141. For companies located in Quadrant III of the Grand Strategy Matrix, the first strategy recommended is 142. Although Quadrant _____ companies are growing, according to the Grand Strategy Matrix, they are unable to compete effectively, and they need to determine why the firm’s current approach is ineffective and
how the company can best change to improve its competitiveness. 143. Quadrant _____ organizations have a strong competitive position but are in a slow-growth industry, according to the Grand Strategy Matrix. 144. A(n) __________ strategy could be most effective when a firm has excess production capacity and its basic industry is
experiencing declining sales and profits. 145. __________ is included in the decision stage of the strategy formulation framework. 146. The top row of a QSPM consists of alternative strategies derived from all of these except 147. The __________ determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized. 148. In the QSPM, a minimum of _______ internal and ______ external critical success factors should be included. 149. Which of the following is the first step in developing QSPM? 150. What term is defined as the product of multiplying ratings by attractiveness scores in each row of the QSPM? 151. What should be included in strategies in the QSPM? 153. Which of these do QSPM limitations include? The Politics of Strategy Choice 157. __________ means it is possible to achieve similar results using different means or paths 159. Except for ________________, the roles and duties of a board of directors include all of these broad categories. 160. According to Business Week, a good board of directors performs all of these responsibilities except 161. What did Business Week conclude a board of directors should do? Essay Questions 163. If you construct a SPACE Matrix and the directional vector points to the lower left quadrant, what type of strategies would you recommend? Give several examples. 164. Give five coordinates of a SPACE Matrix directional vector that would suggest conservative strategies to be most appropriate. 165. In a BCG Matrix, all divisions are called question marks, stars, cash cows, or dogs. Define each of these terms. 166. Explain the benefits and limitations of developing a Boston Consulting Group Matrix. 167. Compare and contrast the IE Matrix with the BCG Matrix. 168. Using a Grand Strategy Matrix approach, what strategies are recommended for a firm that is a weak competitor in a slow-growing market? Elaborate on what these strategies could mean for a college or university. 169. Describe the positive features and limitations of QSPM. 170. Discuss the appropriate role of a board of directors in an organization. Can you compare more than two strategies using a QSPM?Can I compare more than two strategies using a QSPM? Yes, in general, any number of alternative strategies can be included in the QSPM analysis. We included only two alternatives in our example just to keep it simple.
What should be included in strategies in the QSPM?The six steps that must be followed to develop a QSPM are explained below.. Enumeration. The first step involves making a list of all of an organization's external opportunities and threats. ... . Weighted Score. ... . Identify Alternative Options. ... . Determine Attractiveness Scores (AS). What is QSPM in strategic management?The Quantitative Strategic Planning Matrix is a strategic tool which is used to evaluate alternative set of strategies. The QSPM incorporate earlier stage details in an organize way to calculate the score of multiple strategies in order to find the best match strategy for the organization.
Which of these is a limitation of QSPM?The right answer option is C: it requires intuitive informed judgments. A limitation of the quantitive strategic planning matrix is that it requires intuitive informed judgments.
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What is the highest number of strategies that can be examined at one time with the QSPM?
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