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1/22/2018 Week 3 Learning Activities – BMGT 495 6380 Strategic Management (2182)

https://learn.umuc.edu/d2l/le/content/267247/viewContent/11190894/View 1/4

Week 3 Learning Activity 1

 

As mentioned in W2 Learning activity instructions: Your chosen focal company for W2 learning activities is expected to have its own corporate website so that you can research in regards to the aspects, such as background, products, financial information, etc., and use the company­specific details from that corporate articles for all the actual analyses and discussions in all subsequent weekly learning activities for this course because the same company is used from W2 through W6 Learning Activities).

 

External Factor Evaluation (EFE) Matrix allows strategists to summarize and evaluate economic social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information. (David, 2005, p.101)

 

Requirement 1: Use the same company that you have chosen in Week 2 Learning Activity 1 and 2.:

 

Requirement 2: That focal company for discussion learning activities must be different from the company you will use in your Assignment 1, Assignment 2, and Assignment 3 Phase 1.

 

 

Requirement 3: Discuss briefly some relevant background information about that company and its industry in regards to its external environment.

 

Requirement 4: Determine at least 5external factors as “opportunities”, and 5other external factors as “threats”.

 

Requirement 5: Compile an External Factor Evaluation (EFE) Matrix (with specific internal factors, weights, scores, and weighted scores) as an analytic tool for technically evaluating the focal company.

 

EFE (External Factor Evaluation) Matrix

EFE – Key External Factors

 

Opportunities Weight Rating Weighted Score

 

1/22/2018 Week 3 Learning Activities – BMGT 495 6380 Strategic Management (2182)

https://learn.umuc.edu/d2l/le/content/267247/viewContent/11190894/View 2/4

 

 

 

 

Threats

 

 

 

 

 

Totals for EFE 1.0 (Leave this cell blank)

 

Requirement 6:

 

a. Why did you choose those opportunities and threats?

(Please keep in mind you need to discuss at least 3 supporting reasons for each of these respective factors.)

b. What do the respective weighted EFE scores mean for that organization from a strategic planning viewpoint?

c. What are some strategic implications by interring based on the total weighted scores that are derived from the EFE matrix respectively?

Support the rationale for your explanation. Use the appropriate APA formatted scholarly reference sources and corresponding in­text citations in all your postings.

Week 3 Learning Activity 2

 

IFE (Internal factor evaluation) matrix of a focal company or organization is a strategy­ formulation tool that summarizes and evaluates the major strengths and weaknesses in the functional areas of a business, and it also provides a basis for identifying and evaluating relationship among those areas. (David, 2005, p.147)

1/22/2018 Week 3 Learning Activities – BMGT 495 6380 Strategic Management (2182)

https://learn.umuc.edu/d2l/le/content/267247/viewContent/11190894/View 3/4

 

Requirement 1: Use the same company that you have selected in Learning Activity 1 of this week.

 

Requirement 2: Discuss briefly some relevant corporate background information about that company in regards to its internal environment.

 

Requirement 3: Determine at least 3 internal factors as “strengths” and 3 other internal factors as “weaknesses”.

 

Requirement 4: Compile an Internal Factor Evaluation (IFE) Matrix (with specific internal factors, weights, scores, and weighted scores) as an analytic tool for technically evaluating the focal company.

 

IFE (Internal factor evaluation)

 

IFE – Key Internal Factors

 

Strengths Weight Rating Weighted Score

 

 

 

 

 

Weaknesses

 

 

 

 

 

1/22/2018 Week 3 Learning Activities – BMGT 495 6380 Strategic Management (2182)

https://learn.umuc.edu/d2l/le/content/267247/viewContent/11190894/View 4/4

Totals 1.0 (Leave this cell blank)

 

 

Reference

 

David, F.R. (2005). Strategic management: Concepts and cases.(10th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall

 

Requirement 5:

 

d. Why did you choose those strengths and weaknesses?

(Please keep in mind you need to discuss at least 3 supporting reasons for each of these respective factors.)

e. What do the respective weighted IFE scores mean for that organization from a strategic planning viewpoint?

f. What are some strategic implications by inferring based on the total weighted scores that are derived from the IFE matrix respectively?

Support the rationale for your explanation.

Use the appropriate APA formatted scholarly reference sources and corresponding in­text citations in all your postings.

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