ACCA Strategic Business Leader (SBL) Practice Exam

The SAF method, which stands for Suitability, Acceptability, and Feasibility, is particularly focused on evaluating strategic options in business scenarios. It provides a structured framework for assessing potential strategies by asking foundational questions about each option.

- Suitability examines whether the strategic option aligns with the business's objectives and market conditions. This aspect ensures that the strategy is relevant to the company's goals and the external environment.

- Acceptability scrutinizes the expected outcomes of a strategy in terms of risk and return for stakeholders, ensuring that the stakeholders can be satisfied with the strategy's implementation.

- Feasibility assesses whether the organization has the necessary resources, both financial and operational, to successfully execute the proposed strategy.

This comprehensive approach allows businesses to determine the viability of various strategic options and make informed decisions based on a thorough analysis of each option's context within the organization and its market environment.

In contrast, while methods like PEST Analysis, SWOT Analysis, and BCG Matrix provide valuable insights into specific facets of strategic evaluation, they do not offer the same level of structured assessment of evaluating options directly against the criteria of suitability, acceptability, and feasibility. For example, PEST focuses on external macro-environmental factors, SWOT provides an overview of