What step of Ghemawat's framework for analyzing commitment intensive choices involves taking stock of the organizational and managerial factors that might distort the firm's incentive to choose an optimal strategy?
A)Positioning analysis
B)Sustainability analysis
C)Flexibility analysis
D)Judgment analysis
E)Final Commitment analysis

Question

Quizplus · Accepted Answer

Judgment analysis involves taking into account organizational and managerial factors that might affect the firm's decision-making process and lead to suboptimal strategies, ultimately helping to identify and mitigate biases and other distortions. Positioning analysis involves assessing the external market environment, sustainability analysis involves evaluating the long-term viability of a chosen strategy, flexibility analysis involves considering the degree of adaptability of the chosen strategy, and final commitment analysis involves making the ultimate decision to fully commit to a chosen strategy.

What Step of Ghemawat's Framework for Analyzing Commitment Intensive Choices