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 upon or improved?
A) Boston Consulting Group (BCG) Matrix
B) Strategic Position and Action Evaluation (SPACE) Matrix
C) Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix
D) Internal-External (IE) Matrix
E) Quantitative Strategic Planning Matrix (QSPM)

Question

Quizplus · Accepted Answer

The Quantitative Strategic Planning Matrix (QSPM) evaluates the relative attractiveness of different strategies by analyzing how well they capitalize on or improve key external and internal critical success factors.

Which Analytical Tool Determines the Relative Attractiveness of Various Strategies