Which stage of the strategy-formulation framework includes an IFE Matrix and a Competitive Profile Matrix?
A) Input
B) Matching
C) Decision
D) Penetration
E) Research

Question

Quizplus · Accepted Answer

The Input stage of the strategy-formulation framework includes tools like the Internal Factor Evaluation (IFE) Matrix and the Competitive Profile Matrix, which are used to gather and summarize information needed for strategy formulation.

Which Stage of the Strategy-Formulation Framework Includes an IFE Matrix