Tools for strategic analysis, planning, and management
Answer the discussion questions (150-200 words for each questions):
1. The Boston Consulting Group (BCG) Growth-Share Matrix portrays a corporation’s portfolio of strategic business units (SBUs) or products in four cells – stars, cash cows, question marks, and dogs. Define the terms and describe what purposes might a strategic planner use this tool.
2. Briefly explain what a force-field analysis displays and its uses in strategic planning and implementation
3. A value chain analysis can be used for several purposes. What information can an organization learn from an analysis of its value chain and how could it use that information?