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?
Ask the Tutor ACCA SBL
SAF model
You can use SAF for all strategy evaluation.
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.
thanks sir
Sign in to reply to this topic.
