Question: 4 point Tradtronics is a computer hardware and software chain store in Lebanon. It provides a range of quality computer parts, peripherals, and electronics in

4 point Tradtronics is a computer hardware and software chain store in Lebanon. It provides a range of quality computer parts, peripherals, and electronics in addition to all types of computer services. It sells online, 24 hours a day, seven days a week. As part of its strategy formulation, the management of Tradtronics conducted an internal strategic-management audit and constructed an Internal Factor Evaluation (IFE) Matrix. In the end, the store received a 2.5 total weighted score. To improve its competitiveness, the management of Tradtronics has conducted a value chain analysis. It has referred to published reports and trade publications to determine best practices among rivals to duplicate or improve on those best practices. What does it mean a 2.5 result in an Internal Factor Evaluation Matrix? * O The store has more weaknesses than strengths O The store has to get profit from external opportunities. O The store has enough distinctive competencies and a better competitive advantage over competitors. O There is room for improvement in-store operations, strategies, policies, and procedures
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