Which of the below models are examples of key strategic analytical tools? i. PESTEL Analysis ii. SWOT Analysis iii. Frosch and Timber Model iv. DIRT Analysis A. i and ii only B. i, ii and iii only C. iii and iv only D. i, ii, iii and iv C A B C D

Question

Which of the below models are examples of key strategic analytical tools? i. PESTEL Analysis ii. SWOT Analysis iii. Frosch and Timber Model iv. DIRT Analysis A. i and ii only B. i, ii and iii only C. iii and iv only D. i, ii, iii and iv C A B C D

Answer 1

The models mentioned are representative strategic algorithms used by businesses. PESTEL Analysis is a macro-environment strategy tool that allows for a more detailed environmental view, taking into account Political, Economic, Sociological, Technological, Environmental, and Legal factors with regard to the business importance. The SWOT Analysis, another real strategy tool, breaks down a company's strengths, weaknesses, opportunities, and risks. The Frosch and Timber Model and DIRT Analysis are not known recognized tools used for strategic assessment.

Question

Which of the below models are examples of key strategic analytical tools? i. PESTEL Analysis ii. SWOT Analysis iii. Frosch and Timber Model iv. DIRT Analysis A. i and ii only B. i, ii and iii only C. iii and iv only D. i, ii, iii and iv C A B C D

Answer

Answer

Explanation