Question: Question 2 (15 points) Create an IE Matrix for this video game software company and determine which type of strategy and determine which type of

 Question 2 (15 points) Create an IE Matrix for this video

Question 2 (15 points) Create an IE Matrix for this video game software company and determine which type of strategy and determine which type of strategic approach is best for each division. Please show all of your work. Utilizing only the information necessary to complete an IE Matrix, I will need you to complete the following NINE questions: 1. What is the percent of profit for each division? 2. What is the percent of revenue for each division? 3. Which cell/quadrant (i.e. Cell/quadrant I-IX) is each division located? 4. Which of the three strategic regions and corresponding sub-strategies is necessary for each division 5. Which division will have the largest circle, second largest, and smallest circle. 6. What percentage of the circle of each division would be shaded if we created an actual matrix. 7. After completing that information, please explain in detail using a realistic hypothetical example and scenario of a possible strategic direction the company can take for each division using the strategy type you determined from the IE Matrix. You must be very thorough with your answers using all of the information to tell a very detailed narrative about this company's scenario. Divisions 1 (Race Games) 2 (Sport Games) 3 (Kid Games) Profits 550 2400 4100 Profit % Revenue 1500 4400 6800 Revenue % Relative Market Share 20% 60% 40% Industry Growth Rate 2% 10% 30% IFE Weighted Score 1.9 3.2 3.4 EFE Weighted Score 2.4 1.8 3.2

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!