When using any tool for strategic analysis and
decision-making including SWOT, Five Force, and other tools, what
are the key steps to ensuring the work results in insightful
recommendations that strengthen a company’s strategic position in
the marketplace?
Group of answer choices
Draw conclusions from the results of the analysis and translate
those conclusions into strategic actions.
Draw conclusions from the results of the analysis of one tool
before performing analysis using another tool.
Establish measures, take action, and then follow-up on the
results of those actions.
Assess the company’s external environment followed by the
internal environment
Determine the factors influencing the industry and assess their
impact on the company
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