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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Business

Sutton

25 November, 11:58

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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Vargas · Answer 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.

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.