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Problem 4 (20 points). A food chain conducted strategic planning. During the formulation stage, two strategies came out: Market Penetration and Product Development. However, due

image text in transcribed Problem 4 (20 points). A food chain conducted strategic planning. During the formulation stage, two strategies came out: Market Penetration and Product Development. However, due to lack of resources, the food chain only wanted to implement 1 strategy. a. Based on the information provided below, which among the 2 strategies will they implement? (Show your computation, use the matrix below). b. Review the Key Factors. List the factors that were incorrectly identified under Strength, Weakness, Opportunities or Threats

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