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QSPM QUESTION Flashcards | StudBud
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QSPM QUESTION
QSPM QUESTION
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1
What are QSPM objectives?
To determine the analysis involved in the process of decision making
Provide a systematic approach to decision-making by assigning weights
To develop the use of calculus for better understanding
Create a visual representation of different strategic alternatives
2
Dr. Fred David invent the QSPM
True
False
3
The highest possible score the total number of bags (overall) for each strategy is 10.
False
True
4
Effectiveness of QSPM heavily relies on:
input quantity
analysis perfection
judgement accuracy
output quality
5
1. How many steps that consists in QSPM?
6
4
7
5
6
What is the purpose of stage 3 in strategy formulation framework?
to find the derivatives of different model
To evaluate and compare alternative strategies
To identify the most feasible and effective strategy
To make a well-informed decision about the organization's future direction
7
The total traction score (TAS), divide the weight and AS.
True
False
8
To reduce bias in decision-making, objectivity required to be injected by unfair and unbalanced criteria
False
True