hello sir, could u please what each of the headings suitability accpetability and feasibility encompass and include and is it same for all strategy evauation?
Suitability: is usually think this is to do with PESTEL and SWOT. Eg is the economic situation good enough for expansion. Is there an opportunity for expanison? Do we have a reputation for quality that would allow us to increase prices if that was our planned strategy?
Acceptability: is the strategy acceptable to our stakeholders – or at least acceptable to the key players?
Feasibility: Do we have the resources needed to follow our plans eg enough money? This can overlap somewhat with suitability.