ORT ANSWER 2. 15) Suppose that a company\'s IFE Matrix score is 3.14. 1. (15) Co
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Question
ORT ANSWER 2. 15) Suppose that a company's IFE Matrix score is 3.14. 1. (15) Complete the following External Factor Evaluation (EFE) Matrix. (a) What is the range of EFE Matrix scores consistent with a Grow & Build stratcgy? Company: ABC Company Industry/Market: Thingamabobs b) What is the range of EFE Matrix scores consistent with a Hold & Maintain strategy? WeightResponse Rating Weiehted Score [c) What is the range of EFE Matrix scores consistent with a Harvest or Divest strateey? Factor A Factor B Factor C .08 Below average Above average Poor .26 .15 Threats Factor D Above average Superlor Below average Factor E .18 Factor F 12 Totals 1.00Explanation / Answer
EFE Matrix : It stands as External Factor Evaluation Matrix, and EFE matrix evaluates the external position of the company in the market or it measure the company’s strategic intents.
The EFE score under this strategy is in the high category of the EFE and IFE matrix. Thus it comes under the range of 3.00 to 4.00 rating.
The EFE score under this strategy is in the medium category of the EFE and IFE matrix. Thus it comes under the range of 2.00 to 3.00 rating.
The EFE score under this strategy is in the low category of the EFE and IFE matrix. Thus it comes under the range of 1.00 to 2.00 rating.
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