In developing an IFE Matrix, what is an important guideline? A. Never assign a rating of more than 4.0 for a factor. B. Never assign a weight of more than 1.0 for a factor. C. Include factors that are actionable, quantitative, comparative, and divisional (AQCD) to the extent possible. D. Include at least 20 factors. E. Assign higher weights for factors that have higher ratings.

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16-03-2020
Business

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In developing an IFE Matrix, what is an important guideline? A. Never assign a rating of more than 4.0 for a factor. B. Never assign a weight of more than 1.0 for a factor. C. Include factors that are actionable, quantitative, comparative, and divisional (AQCD) to the extent possible. D. Include at least 20 factors. E. Assign higher weights for factors that have higher ratings.

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monica789412 monica789412 · Answer 1 · 2020-03-22T14:43:34+01:00

In developing an IFE Matrix, what is an important guideline (C) Include factors that are actionable, quantitative, comparative, and divisional (AQCD) to the extent possible.

Explanation:

Internal Factor Evaluation (IFE) matrix is used for analyzing and evaluating the major functional areas of a business.

It is a strategic management tool used for auditing and evaluating the strength and weaknesses of a Business and its functional areas.

The ratings in internal matrix refer to how strong or weak each factor is in a firm.

The ratings range from 4 to 1, where 4 means a major strength, 3 – minor strength, 2 – minor weakness and 1 – major weakness. Strengths can only receive ratings 3 & 4, weaknesses – 2 & 1.

In developing an IFE Matrix, what is an important guideline (C) Include factors that are actionable, quantitative, comparative, and divisional (AQCD) to the extent possible.

PiaDeveau PiaDeveau · Answer 2 · 2021-12-15T07:02:11+01:00

It is a strategic management tool used for auditing and evaluating the strength and weaknesses of a Business and its functional areas.

The ratings in internal matrix refer to how strong or weak each factor is in a firm.

It is a strategic planning and management system for inspecting and analyzing a company's and its functional areas' strengths and shortcomings.

Internal matrix ratings indicate whether weak or strong each component is in a company.

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