Question: 1 0 matrix to generate alternative solutions: 1 1 1 List the firm's key external opportunities 1 2 2 List the firm's key external threats
matrix to generate alternative solutions:
List the firm's key external opportunities
List the firm's key external threats
List the firm's key internal strengths
List the firm's key internal weaknesses
Match internal strengths with external opportunities, and record the resultant SO Strategies
Match internal weaknesses with external opportunities, and record the resultant wO Strategies
T
Match internal strengths with external threats, and record the resultant ST Strategies
Match internal weaknesses with external threats, and record the resultant WT Strategies
lons and to select the most attractive solution for the critical problem.
Copy the Strengths, Weaknesses, Opportunities, and Threats from the SWOT Matrix, and paste them in the corresponding cells in the left column of the QSPM
Select the top alternatives from the SWOT matrix, and copypaste them into the correponding cells across the top row of the QSPM
Assign weights to each key external and internal factor :
Note that all the weights for Strength and Weakness factors should add up to and all the weights for Opportunity and Threat factors should add up to
The dummy numbers in the template are an example of how this works
Examine the Stage matching matrices, and identify alternative strategies that the organization should consider implementing
Determine the Attractiveness Scores AS:
means that the alternative is a very "unattrative" option to address the factor, be it a strength, weakness, opportunity or threat;
means that the alternative is a very "attrative" option to address the factor, be it a strength, weakness, opportunity or threat;
The dummy numbers in the template are an example of how this works
Compute the Total Attractiveness Scores TAS
Compute the Sum Total Attractiveness Score
In theory, the alternative with the highest Total Attrativeness Score is the one to be implemented.
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