Published by MBA Skool Team, Last Updated: January 22, 2018
What is TDC Matrix Internet Value?
It is a tool based matrix used to calculate the effectiveness of Internet technology .It uses various approaches such as the Porter’s five forces model , mission vision strategy etc .
The rows take parameters such as innovation ,creativity and knowledge .
The column parameters include complexity ,distance and time.
It not only predetermines the best business strategy for deriving the maximum internet value based on the complexity and time parameters . It also calculates the internet values for time , distance and complexity against their respective dimensions.
It also identifies the optimum strategy using the ideal location on the matrix. It can also be verified using Porter’s value chain model for studying the factors involved in industry attractiveness.
It is based on the balanced scorecard method for assessing the performance metrics and identifying the planner in improvement of the framework .
It helps in the execution of strategic planning and implementation of performance framework .It helps in measurement of various other fiscal parameters.
This article has been researched & authored by the Business Concepts Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse the definition and meaning of more similar terms. The Management Dictionary covers over 2000 business concepts from 5 categories.