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Policy and Strategy Knowledge Base

Strategic Analysis Tools Managers have many strategic analysis tools at their disposal. The most common strategic analysis tool used by managers and leaders to evaluate the internal and external environment of a company is the SWOT analysis. This form of analysis is widely applicable and is a highly effective tool used by managers and leaders to evaluate problems, challenges, and opportunities. However, the SWOT analysis is only one type of strategic analysis tool to consider. Review the different types of analyses provided in the Policy and Strategy Knowledge Base. To familiarize yourself with various strategic analysis tools, conduct additional research as needed and write a brief expository essay based on the following criteria: Conduct research to identify 2 strategic analysis tools used by managers and leaders to evaluate problems, opportunities, and challenges internal and external to an organization. You may choose to discuss qualitative or quantitative types of analysis tools. Explain the pro’s and con’s of each strategic analysis tool you identified. Explain how each strategic analysis tool is used by managers and leaders to solve problems, address challenges, or to capitalize on opportunities internal or external to an organization. Provide examples demonstrating how you can use both strategic analysis tools to problem solve, address challenges, make improvements, or to capitalize on opportunities from a Research & Development, Marketing, Finance, and Production perspective when you begin “Competition Policy and Strategy Knowledge Base ” Round 1 of the Capsim Core simulation in the future. Use a minimum of three peer-reviewed, scholarly research resources to substantiate your critical thinking, and to provide viable reasoning for your perspectives. Provide unique perspective using no more than one direct quote from research resources. Effectively synthesize research by paraphrasing.

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Qualitative analysis tool

Qualitative is an analysis tool that requires the use of societal inquest on the way people understand their environment in which they live. There many different approach within the existing broader context of this analysis. However, all the approaches share similar objectives of understanding, describing and inferring social occurrence as perceived by the individual, groups and cultures (Berg& Lunes, 2012). Studies have showed that strategic analysis tools managers use qualitative analysis to attempt to discover the experiences, feelings and the behavior of society and what lies at the essential of their lives. For instance, phenomenologists focus on contemplating and brightening an occurrence thus defining the life world, grounded theorist focus on understanding the social progressions and relations, while the ethnographers focus on exploring the culture and customs.

The characteristics of qualitative analysis            All the qualitative analysis shares similar procedures and common features, but different data collection and analysis is used based on the field of study(Corbin & Straus, 2008). Some of the common characteristics associat…………………………………………………………………………………………………………………………………………………………………………………………………………………………….

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