- Wednesday, September 9, 2009, 11:04
- Strategic Management
- 2,449 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
- 1,129 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
- 4,351 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 28, 2008, 15:14
- Strategic Management
- 4,171 views
Opportunities
1.The international heavy weight market is growing and is now larger than the U. S. heavyweight market
2.The European demand for Harley Davidson is the highest in the international market and represents the single largest motorcycle market in the world.
3.Interest rates are at historical lows.
4.Women and younger riders are increasing becoming interested in bikes.
5.Alliances with Ford Motor Company or other automobile manufacturers are possible.
6.Industry registrations of ...
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- Tuesday, October 21, 2008, 15:28
- Strategic Management
- 4,871 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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- Tuesday, October 21, 2008, 14:32
- Strategic Management
- 9,372 views
The EFE matrix allows strategies to summarize and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information.
Steps in developing the EFE matrix:
Identify a list of KEY external factors (critical success factors).
Assign a weight to each factor, ranging from 0 (not important) to 1.0 (very important).
Assign a 1-4 rating to each critical success factor to indicate how effectively the firm’s current strategies ...
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