When considering acceptable alternative strategies, the most important criterion is the capability of the proposed strategy to deal with
A) the prospects of ensuring profitable return on investment.
B) the specific strategic factors developed in the SWOT analysis.
C) defining the competitive environment in which the firm is competing.
D) the future long-term prospects of the industry.
E) governmental regulations and requirements placed on the industry.

Question

Quizplus · Accepted Answer

The most important criterion when considering acceptable alternative strategies is whether the proposed strategy addresses the specific strategic factors identified in the SWOT analysis. This ensures that the strategy is aligned with the strengths, weaknesses, opportunities, and threats of the organization, and increases the likelihood of success. While factors such as profitability, competition, industry prospects, and regulatory requirements are important, they are not as critical as ensuring that the strategy is tailored to the specific needs and challenges of the organization.

When Considering Acceptable Alternative Strategies, the Most Important Criterion Is