- Wednesday, September 9, 2009, 11:04
- Strategic Management
- 3,786 views
The EFE matrix is the strategic tool used to evaluate firm existing strategies, EFE matrix can be defined as the strategic tool to evaluate external environment or macro environment of the firm include economic,social,technological,government,political, legal and competitive information.
The EFE matrix is similar to IFE matrix the only difference is that IFE matrix evaluate the internal factors of the company and EFE matrix evaluate ...
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- Wednesday, November 26, 2008, 1:23
- Strategic Management
- 1,526 views
Opportunities
1. Pressure to permanently ban the Internet Tax
2. State of the economy is improving
3. Customer spending increased
4. Currency fluctuation (weak dollar)
5. Increased number of Internet users in the US
6. Broadband access technology
7. Increased number of Internet users worldwide
8. Online sales predicted to increase
9. Low interest rate
10. One European currency - Euro
Threats
1. Taxes imposed for EU customers
2. Unemployment level highest sine 1994
3. Currency fluctuation
4. Failure to ...
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- Wednesday, November 19, 2008, 11:54
- Strategic Management
- 5,285 views
,The Quantitative Strategic Planning Matrix (QSPM)
Step 1
Make a list of the firm's key external opportunities/threats and internal strengths/weaknesses in the left column of the QSPM. This information should be taken directly from the EFE Matrix and IFE Matrix. A minimum of 10 external critical success factors and 10 internal critical success factors should be included in the QSPM.
Step 2
Assign weights to ...
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- Tuesday, October 21, 2008, 15:28
- Strategic Management
- 6,406 views
The SWOT Matrix
The SWOT Matrix is an important matching tool that helps managers develops four types of strategies:
a.SO strategies—use a firm’s internal strengths to take advantage of external opportunities.
b.WO strategies—are aimed at improving internal weaknesses by taking advantage of external opportunities.
c.ST strategies—use a firm’s strengths to avoid or reduce the impact of external threats.
d.WT strategies—are defensive tactics directed at reducing internal weaknesses and avoiding external ...
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