Posted: March 7th, 2023

A four-celled matrix (also called a 2 * 2 matrix) is a popular tool used by corp

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A four-celled matrix (also called a 2 * 2 matrix) is a popular tool used by corporate executives and consultants for examining different lines of business in an organization. The use of the tool originates from The Boston Consulting Group (BCG) Matrix developed by BCG, USA. The matrix is a renowned corporate portfolio analysis tool (Lowy & Hood, 2004). The two-dimensional nature of the tool can also be used for analysis of management problems and opportunities.
The tool is introduced this week to help you to further think through and detail the meaning and dimensions of a management problem or opportunity and the associated key decisions and their potential outcomes. The tool will help you to define and identify the “what” of the problem or opportunity and advance your work toward an informed course project on decision making.
To prepare for this Discussion, fill out the Four Square Template provided in the resources. Carry over from Week 1 the descriiptions of problems or opportunities and their size and scope. Add information related to the management decisions to be made to address the problems or opportunities and their potential outcomes.
Analyze the anticipated impact of your problem or opportunity with respect to one or more of the following areas:
Establishing trust and integrity
Resource management
Maintaining competitive advantage
Marketing and customer loyalty
Managing uncertainty
Financial reform and regulation
Risk management
Talent acquisition and development
Supply chain management strategies

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