To prioritize strategic actions,the analyst should:
A)Take a vote from the major players.
B)Build a sensitivity analysis that tests multiple changes at a time.
C)Follow the priorities of leaders in the industry.
D)Follow Porter's five forces analysis.

Question

Quizplus · Accepted Answer

Building a sensitivity analysis that tests multiple changes at a time can help the analyst see the potential impact of different strategic actions and prioritize them accordingly. Taking a vote or following the priorities of industry leaders may not necessarily be the best approach as it may not take into account all the relevant factors affecting the organization. Porter's five forces analysis is a useful framework for analyzing the competitive forces in the industry but may not be sufficient for prioritizing strategic actions.

To Prioritize Strategic Actions,the Analyst Should