decision stagesthe module 5 critical thinking assignment B u s i n e s s F i n a n c e

Option #1: Strategy Formulation: The Matching and Decision Stages

The Module 5 Critical Thinking Assignment is a continuation of assessment of your target organization (Nikon Corporation) and a building block to the Portfolio Project.

Before beginning this exercise, review the Strategy-Formulation Analytical Framework below. This Critical Thinking Assignment focuses on Stage 2: The Matching Stage.

STAGE 1: THE INPUT STAGE
External Factor Evaluation (EFE) Matrix		Competitive Profile Matrix (CPM			Internal Factor Evaluation (IFE) Matrix
STAGE 2: THE MATCHING STAGE
Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix	Strategic Position and Action Evaluation (SPACE) Matrix		Boston Consulting Group (BCG) Matrix	Internal-External (IE) Matrix		Grand Strategy Matrix
STAGE 3: THE DECISION STAGE Quantitative Strategy Planning Matrix

(Adapted from Figure 6-2: The Strategy-Formulation Analytical Framework, David & David, 2017)

Then, choose two tools that are used in the matching stage that are appropriate for your target organization; there are several tools/matrixes displayed and explained in the textbook. Please select two tools for this assignment from your textbook (SWOT Matrix, SPACE Matrix, BCG Matrix, IE Matrix, Grand Strategy Matrix).

When you have completed the matrixes, write an executive summary to include the following:

• An overview of your target organization
• An explanation of the Strategy-Formulation Analytical Framework (Figure 6-2)
• The synthesized findings from Stage 1: The Input Stage (from Environmental Analysis 1 paper attached)
• The rationale for the Stage 2 tools that you chose for this assignment
• In your explanation, include examples of how this organization communicates with stakeholders and evidence of innovation supporting actions. Refer to the Luo & Du (2015) article in this week’s readings for more information and examples – Luo, X., & Du, S. (2015). Exploring the relationship between corporate social responsibility and firm innovation. Marketing Letters, 26(4), 703-714.

You may use figures and tables within the executive summary to condense information if you wish.

Include both Stage 1 and Stage 2 exhibits that you have developed as Appendixes. Adhere to APA standards for tables, figures, and appendixes.

When writing your paper, be sure to follow these guidelines:

• Create four to six pages in length, organized, and well-written in conformity with the CSU Global Writing Center (Links to an external site.).
• Support your answers using four to six peer-reviewed articles/professional sources in addition to the textbook. (Links to an external site.)
• Include a title page, section headers, introduction, conclusion, and reference page.