Which of the following methods can be used to evaluate strategic options?

Evaluating strategic options effectively requires a comprehensive approach that incorporates both qualitative assessments and quantitative analysis. Qualitative assessments allow for the exploration of subjective factors, such as organizational culture, customer perceptions, market trends, and competitive dynamics. These insights help in understanding the broader context in which the strategic options will be implemented.

On the other hand, quantitative analysis provides measurable data to support decision-making, such as financial projections, market share analysis, and performance metrics. This type of analysis offers a more objective viewpoint by allowing for the comparison of strategic options based on numerical data.

Utilizing both qualitative and quantitative methods ensures a well-rounded evaluation of strategic options, as it combines subjective insights with objective data. This dual approach helps strategists make more informed decisions, reducing the risk of bias that might arise from relying solely on one method. Thus, incorporating both aspects leads to a more robust strategy evaluation process.