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Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › Strategic Options
how can you summarize strategic options?
Because I’m on the same page, for me strategic options is the process of setting and examining of possible strategic strategies.
3 steps approach:
1. Possible generic strategies – cost leadership, differentiation and focus
2. Examine possible strategic direction – market growth, market/ product development, diversification (for example Ansoff’s matrix)
3. Examine possible methods of growth – acquisition/ merger, organic
