Topic: Strategic Analysis: Alternatives

Order Description Under a main heading Alternatives, develop a list of options – include those that may be “far- fetched” without judging them. Note: ‘Do nothing’ is often a reasonable alternative. There should be multiple alternatives/options for the problem (3-8 is typical). Evaluate the alternatives by considering if the company can afford it; whether it will evoke a response from competitors; how employees/ customers/ stakeholders are likely to view the change; and how the alternative fits with organizational culture, vision, mission and goals.