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Key Factors Weight Strategy A Strategy B Opportunity AS TAS AS TAS Increase public consumptions by 8% 0.20 Increased industry growth 0.18 Innovation growth 0.15
Key Factors | Weight | Strategy A | Strategy B | ||
Opportunity | AS | TAS | AS | TAS | |
Increase public consumptions by 8% | 0.20 | ||||
Increased industry growth | 0.18 | ||||
Innovation growth | 0.15 | ||||
Technology improvement | 0.08 | ||||
Application of IT | 0.05 | ||||
Increase development of online order | 0.08 | ||||
Threat | |||||
Raw material prices increased | 0.04 | ||||
Poor relations with other key players | 0.04 | ||||
Costumers needs follow trends | 0.05 | ||||
New competitor | 0.04 | ||||
Transportation cost | 0.05 | ||||
Loan growth weakening | 0.04 | ||||
Total | 1.00 |
Imagine you are responsible to develop the QSPM Matrix for your company, and you have the information in the table above; your task is to:
- Assign ATTARCTIVE SCORE (AS) to each factor, then calculate the total attractive score for each strategy.
- According to your result, which strategy you should implement first.
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