MGT603 GDB No 1 Solution Fall 2017

MGT603 GDB No 1 Fall 2017

Dear Students, Here you can read or Download MGT603 - Strategic Management GDB No 1 Solution and Discussion of Semester Fall 2017. GDB Due Date is 25 January, 2018. Total Marks are 5. MGT603 General Discussion Board Solution File has been added. We are here to facilitate your learning and we do not appreciate the idea of copying or replicating solutions. Previously we shared CS504 Assignment No 2 Solution Fall 2017.

MGT603 GDB No 1 Solution Fall 2017

Question Title:

The IE Matrix

Question Description:

The Concept:

The strategy formulation analytical framework consists of three stages; The Input Stage, The Matching Stage and The decision Stage. The Internal-External (IE) Matrix comes under the matching stage of strategy formulation analytical framework. The Internal-External (IE) Matrix gives different positions to an organization’s various divisions in a nine cell displays that further divided into three major regions like (I, II, or IV) , (III, V, or VII) and (VI, VIII, or IX) with different strategy implications as illustrated in Figure 6-9 in Lesson # 28 / Chapter # 6.

 
The IE Matrix is based on two key dimensions: the IFE total weighted scores on the x-axis and the EFE total weighted scores on the y-axis. On the x-axis of the IE Matrix, an IFE total weighted score of 1.0 to 1.99 represents a weak internal position; a score of 2.0 to 2.99 is considered average; and a score of 3.0 to 4.0 is strong. Similarly, on the y-axis, an EFE total weighted score of 1.0 to 1.99 is considered low; a score of 2.0 to 2.99 is medium; and a score of 3.0 to 4.0 is high.

The below table is showing that an organization is composed of three (3) divisions with all other necessary details like sales, profits and IFE &EFE scores of each division.

MGT603 GDB Table Fall 2017

MGT603 GDB Question:

What do you think, which division (1, 2 or 3) falls in the region I, II, or IV and highlight the most appropriate strategies for that division.

Reading Advice:
Read Lesson # 28 of Handouts on Pg # 105.
Read Chapter # 06, Pg # 188 of recommended Book.

MGT603 GDB Important Instructions:

• Your answer must be to the point and avoid providing unnecessary details.
• Do not provide tables and graphs in comment box.
• Cheating from internet and other students will be strongly discouraged and marked as “ZERO”.
• GDBs must be submitted through LMS within the due date and time.
• Use the font style “Times New Roman” or “Arial” and font size “12”.
• Use black and blue font colors only.
• Avoid using excessively large fonts or colors

MGT603 GDB No 1 Solution Fall 2017

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Solution Idea:

Division 3 falls in the region II in which 3.4 shows high external position on the EFE total weighted score and 2.3 shows average internal position on IFE weighted score Following are the recommended strategies for the division 3 which fall into grow and build region:
Intensive strategies
Integrative strategies

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