Statement – II: Companies gain advantage against the world’s best competitors because of pressure and challenge.

Statement 2: The BCG Matrix requires more information about the divisions than the IE matrix.

Statement 2: Setting the objectives should be done after the SWOT analysis has been performed.

(a) When an organization’s survival is threatened and it is not competing effectively, retrenchment strategies are often needed. (b) Turnaround strategy is used when an organization is performing well but has not yet reached a critical stage. (c) Divestment strategy involves selling the business or setting it up as a separate corporation. (d) Liquidation strategy […]