Definitions of key terms in strategic management. Competitive advantage, strengths, weaknesses, opportunities, threats, objectives, policies, strategies
QSPM Matrix Analysis, Quantitative Strategic Planning Matrix. Statistical analysis tool for decision making in developing a business strategy
Benefits of Strategic Management. Strategic management allows an organization to be more proactive than reactive in shaping its own future.
IFE Matrix Analysis or Internal Factor Evaluation Matrix analysis, is among the most ideal tools for strategic business management. IFE Matrix analysis is useful for the internal auditing of organizations. The Internal Factor Evaluation matrix is employed in the internal analysis of various business functions like finance, marketing, IT, accounts, operations, Human Resources, etc, depending …
EFE Matrix analysis or external factors evaluation matrix analysis is used in strategic management for analysis of the external threats and opportunities
Quantitative strategic planning matrix analysis, QSPM Matrix template sample, and example QSPM matrix analysis of Amazon and its strategic management options