Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized?
A)QSPM
B)SPACE
C)TOWS
D)BCG
E)IE

Question

Quizplus · Accepted Answer

QSPM (Quantitative Strategic Planning Matrix) is the analytical tool that determines the relative attractiveness of various strategies based on the extent to which key external and internal critical success factors are capitalized. It is a framework that helps managers to prioritize and select the best strategy from a set of possible alternatives by comparing the pros and cons of each option. The QSPM analysis utilizes input from other analytical tools, such as SWOT and SPACE matrices, to evaluate the attractiveness and feasibility of alternative strategies. Therefore, QSPM is the best choice for this question.

Which Analytical Tool Determines the Relative Attractiveness of Various Strategies