Top 8 Best Online Matrices Courses
Online learning is gradually becoming the trend of the times, not only because of the raging Covid-19 epidemic but also because of the convenience of time and ... read more...place that it brings to learners. Take advantage of this time, please refer to 8 sources of extremely reputable best online matrices courses that Toplist introduces below!
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It is one of the best online matrices courses for anyone interested in learning more about matrices. This course is all about matrices and covers the linear algebra that every engineer should know in a straightforward manner. Although the mathematics in this course is given at a high school level, students should normally take it after finishing a university-level single variable calculus course. This course does not include derivatives or integrals, but students must have a suitable level of mathematical maturity. Anyone interested in learning the fundamentals of matrix algebra is welcome to join.
The course consists of 38 brief lecture films, each with a few tasks to solve. There is also a short practice quiz after each major topic. Lecture notes from the instructor contain solutions to the issues and practice quizzes. The course is divided into four weeks, with an assessment question at the end of each week.
- Flexible deadlines: Reset deadlines based on your availability.
- Shareable certificate: Get a Certificate when you complete
- 100% online: Start now and learn when it's convenient for you.
- Course 1 of 5 in the: Mathematics for Engineers specialization
- Beginner level: Approx. 20 hours to complete
- Subtitles: Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, English, Spanish
What you will learn:
- Matrices
- Systems of Linear Equations
- Vector Spaces
- Eigenvalues and eigenvectors
Rating: 4.9/5
Website: coursera.org/learn/matrix-algebra-engineers
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You will be able to use the Strategic Position and Action Evaluation (SPACE) Matrix to examine and define the proper strategic direction for your organization by the end of this guided assignment. SPACE Matrix is a strategic management tool that focuses on strategy formulation, particularly in relation to an organization's competitive position. Financial Stability (FS) and Competitive Advantage (CA) are two internal dimensions of the matrix, while Environmental Stability (ES) and Industry Attractiveness are two external dimensions (IA). Essentially, the four-quadrant framework determines whether a business should pursue aggressive, cautious, defensive, or competitive strategies.
They will utilize a spreadsheet to draw and analyze the framework in order to find organization's optimal strategic position. In addition, they will evaluate an energy services company with the matrix to demonstrate how the approach works in practice. The initiative is designed for business leaders who wish to determine strategic direction for their firms in light of the operational and environmental challenges they face. Also for strategists who want to assist organizations in making well-informed strategic decisions. Using the SPACE Matrix, you will be able to develop, assess, and build a competitive edge for your company at the end of the project.
THE SKILLS YOU WILL DEVELOP:
- Leadership
- Management
- strategy
- Entrepreneurship
LEARN STEP BY STEP:
- Explain what the SPACE Matrix is
- Design the SPACE Matrix
- Analyze the financial strength of your organization
- Analyze the industry attractiveness of your organization
- Analyze the competitive advantage of your organization
- Analyze the environmental stability of your organization
- Compute the X and Y axis of your organization
- Set the strategic direction for your organization
- Analyze your competitive industry
- Put everything on the model together
Rating: 3.7/5
Website: coursera.org/projects/set-your-right-strategy-with-space-matrix-analysis
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Another excellent platform for studying online matrices courses is TOWS Matrix. You will be able to use the TOWS matrix to examine and decide your best plan by the end of this guided assignment. Threats, Opportunities, Weaknesses, and Strengths (TOWS) is an abbreviation meaning Threats, Opportunities, Weaknesses, and Strengths. The TOWS Matrix is built on the foundations of the SWOT Analysis. However, TOWS reorganizes the data and gives a framework for identifying potential strategic possibilities. To help find appropriate strategic options, TOWS analysis compares internal and external aspects. You can come up with four main strategies by combining the external environment's opportunities and dangers with the internal organization's strengths and shortcomings. And the tactics are focused on taking advantage of opportunities, reducing dangers, overcoming weaknesses, and leveraging strengths.
They will use a spreadsheet to study an energy services company to show how the concept works in practice. You can use the model to analyze your company or any other company using the examples from the case study. The TOWS Matrix is a strategic alternative development decision-making process. The TOWS analysis approach can be used as a key strategic planning tool by both startups and large corporations. You will be able to use the matrix at the end of the project to brainstorm potential strategic choices, develop your strategic roadmap, and identify your competitive edge.
THE SKILLS YOU WILL DEVELOP
- Management Consulting
- Marketing
- Strategic Planning
- Entrepreneurship
- Leadership
LEARN STEP BY STEP:
- Task 1: Introduction: By the end of this task, you will explain the TOWS matrix
- Task 2: Internal Factors: By the end of this task, you will identify your strengths and weaknesses
- Task 3: External Factors: By the end of this task, you will determine your opportunities and threats
- Task 4 Maxi-Maxi Strategy: By the end of this task, you will match your strengths to opportunities
- Task 5: Maxi-Mini Strategy: By the end of this task, you will link your strengths to threats
- Task 6: Mini-Maxi Strategy: By the end of this task, you will match your weakness to opportunities
- Task 7: Mini-Mini Strategy: By the end of this task, you will link your weaknesses to threats
- Task 8: Strategic options: By the end of this task, you will determine your strategic direction
Rating: N/A
Website: coursera.org/projects/how-to-use-the-tows-matrix-to-analyze-and-set-strategy
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By the end of this guided project, you will be able to examine and formulate your corporate strategy using the GE-McKinsey Matrix. The GE-McKinsey nine-box matrix is a strategy framework that allows a multi-enterprise firm to prioritize investments across its business units or products in a methodical manner. To measure the industry attractiveness and competitive strength of a business unit, the matrix combines two dimensional parameters on a horizontal and vertical axis. The Matrix's general strategy premise is to enhance investment in a lucrative industry while reducing resource allocation to business units where the organization lacks a competitive advantage.
They will use a spreadsheet to evaluate an Energy Services company with five Strategic Business Units in order to explain how the GE-McKinsey matrix works in practice. The case study example would enable you to apply the approach to your company or any other company of your choice. The project is for business leaders who wish to develop a corporate plan that will allow them to allocate resources efficiently. Also, for strategists who want to assist organizations in making well-informed strategic decisions. You will be able to use the Matrix for corporate strategic planning and resource allocation at the conclusion of the project.
THE SKILLS YOU WILL DEVELOP
- Corporate strategy
- Leadership
- Management
- Entrepreneurship
LEARN STEP BY STEP:
- Introduction
- Industry Attractiveness
- Industry Attractiveness 2
- Competitive Strength
- Competitive Strength 2
- Plotting the Matrix
- Task 7: Plotting the Matrix 2
- Strategic decisions
Rating: N/A
Website: coursera.org/projects/use-the-ge-mckinsey-matrix-to-analyze-and-set-your-strategy
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With the Boston Consulting Group (BCG) Matrix, you will be able to design your corporate strategy in this 1-hour project-based course. The BCG matrix is a strategic decision-making framework that categorizes strategic business units (SBUs) based on their ability to create cash inflows versus cash outflows. Based on industry attractiveness (growth rate of that industry) and competitive position, the matrix divides the business portfolio into four categories (relative market share). The growth vs. share model can help a company figure out which goods to invest in, develop, and get rid of. The framework is a straightforward yet effective instrument for maximizing business competitiveness and long-term viability by helping companies to find the correct balance between exploitation and exploration.
They will use a spreadsheet to evaluate an energy services company with five Strategic Business Units to show how the BCG matrix works (SBUs). The case study example will enable you to apply the approach to your company or any other company of your choice. The project is for business leaders who wish to develop a corporate plan that will allow them to allocate resources efficiently. Also, for strategists who want to assist organizations in making well-informed strategic decisions. You will be able to apply the BCG Matrix for long-term business strategy planning and make smart investment decisions with your resources at the end of the project.THE SKILLS YOU WILL DEVELOP
- Corporate strategy
- Leadership
- Business Strategy
- Entrepreneurship
LEARN STEP BY STEP:
- Explain the BCG Matrix
- Compute the unit of analysis of the framework
- Continue with computing the unit of analysis of the framework
- Chart the market share and growth rate
- Design the four quadrants of the model
- Make strategic decisions with the results of the analysis
Rating: N/A
Website: coursera.org/projects/set-the-right-strategy-with-bcg-matrix
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You will be able to use the Internal/External Competitive Profile Matrix to examine your industry and discover chances to provide your organization a competitive advantage by the end of this guided assignment. The Matrix is a strategic management tool that allows you to assess your firm against competitors and then determine all of the competitors' relative strengths and weaknesses based on external and internal criteria. To solve the shortcomings of the standard Competitive Profile Matrix, the Internal/External Competitive Profile Matrix was created. Weaknesses include subjective weight assignment and raking. As a result, the External/Internal Competitive Profile Matrix allows for uniform weighting and force raking, resulting in a more thorough analysis and decision-making.
They will use a spreadsheet to evaluate a division of a fast-food firm to show how the Matrix can be used. The case study example would enable you to apply the approach to your company or any other company of your choice. The project is designed for business leaders who desire a detailed understanding of their competitive environment and how their organization compares to competitors. Also, for strategists who want to assist organizations in making well-informed strategic decisions. You will be able to use the Matrix to examine your firm and make informed decisions to gain a competitive edge by the end of the project.
THE SKILLS YOU WILL DEVELOP
- strategy
- Management
- Entrepreneurship
- Innovation
- Leadership
LEARN STEP BY STEP:
- Task 1: Introduction: By the end of this task, you will explain the Internal//External Competitive Profile Matrix
- Task 2: External Factors: By the end of this task, you will determine the external factors and assign them weight
- Task 3: External Ranking: By the end of this task, you will rank the external factors of all the competitors
- Task 4: External Weighted and Total Scores: By the end of this task, you will compute the external weighted and total scores
- Task 5: Internal Factors: By the end of this task, you will determine the internal factors and assign them weight
- Task 6: Internal Ranking: By the end of this task, you will rank the internal factors of the all competitors
- Task 7: Internal Weighted and Total Scores: By the end of this task, you will calculate the internal weighted and total scores
- Task 8: Interpretation of Results: By the end of this task, you will use the results to make strategic decisions
Rating: N/A
Website: coursera.org/projects/analyzing-the-internalexternal-competitive-profile-matrix
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You will be able to utilize the Financial Competitive Profile Matrix (FCPM) to examine your industry and discover your competitive advantage using key financial indicators by the end of this guided assignment. FCPM is a strategic management tool that allows you to benchmark your organization against competitors and then analyze the relative strengths and weaknesses of all competitors using Financial Critical Success Factors (FCSFs). The FCSFs are given a weight depending on their importance, then ranked according to their strengths and weaknesses. The weight is then multiplied by the rank to get a weighted score. The sum of the weighted scores reflects whether or not a company has a competitive edge in the industry.
They will utilize a spreadsheet to evaluate a division of energy services company jointly to demonstrate the application of the FCPM. The case study example would allow you to apply the approach to your own company or any other company of your choice. The project is aimed at corporate leaders who wish to gain a comprehensive understanding of their competitive environment. Also for strategists and financial analysts who want to assist organizations in making better strategic decisions. You will be able to apply the FCPM to examine your organization, identify the strengths and weaknesses of competitors, and establish your strategic path by the end of the project.
THE SKILLS YOU WILL DEVELOP
- Management Consulting
- Financial Accounting
- Business Strategy
- Management
- Leadership
LEARN STEP BY STEP:
- Task 1: Introduction: By the end of the task, you will explain Financial Competitive Profile Matrix (FCPM)
- Task 2: Financial Critical Success Factors (CSFs): By the end of this task, you will determine the FCSFs of your industry
- Task 3: Weight: By the end of this task, you will assign weight to the FCSFs of your industry
- Task 4: Ranking: By the end of this task, you will rank the FCSFs of your industry
- Task 5: Weighted and Total Score: By the end of this task, you will perform the weighted and overall scores of the factors
- Task 6: Decision-Making: By the end of this task, you will use the results to make strategic decisions
Rating: N/A
Website: coursera.org/projects/strategic-analysis-with-financial-competitive-profile-matrix
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You will be able to design your corporate strategy using the Internal-External (IE) Matrix by the end of this guided assignment. The IE framework is a diagnostic and prescriptive tool for increasing competitiveness and efficiently allocating resources. The framework is used to compare the income and percentage profit of an organization's various divisions using the IFE-EFE matrix.
In addition, the IE matrix, one of the best online matrices courses, has three key sections that inform the strategy to be pursued based on the study performed. The project is aimed at business leaders and strategists who wish to make well-informed strategic decisions for their companies. You will be able to use the model to make effective strategic decisions by the end of the project.
THE SKILLS YOU WILL DEVELOP
- Corporate strategy
- Leadership
- Management
- Entrepreneurship
LEARN STEP BY STEP:
- Explain the application of the IE Matrix in setting corporate strategy for your organization
- Compute the Internal Factor Evaluation matrix to ascertain your strengths and weaknesses
- Apply External Factor Evaluation matrix to find out your opportunities and threats
- Determine the internal and external score of the analyzed division of the organization
- Compute the revenue and profit of the divisions of your organization
- Tabulate the figure of the divisional internal and external factors with the framework
- Sketch the model to determine where each of the divisions falls on the cells
- Analyze the model and use it to make strategic decisions for your organization
Rating: N/A
Website: coursera.org/projects/use-the-ie-matrix-to-analyze-and-set-your-strategy