Question # 5: Analyze the following strategic formulation analytical framework? The Strategy-Formulation Analytical Framework External Factor Evaluation (EFE) Matrix STAGE 1: THE INPUT STAGE Competitive Profile Matrix (CPM) Internal Factor Evaluation (IFE) Matrix STAGE 2: THE MATCHING STAGE Strengths-Weaknesses- Strategic Position and Boston Consulting Internal-External Opportunities-Threats Action Evaluation Group (BCG) (IE) Matrix SWOT) Matrix (SPACE) Matrix Matrix Grand Strategy Matrix STAGE 3: THE DECISION STAGE Quantitative Strategic Planning Matrix (QSPM)