EXTERNAL FACTOR EVALUATION (EFE) MATRIX OPPORTUNITY THREATS POLITICAL Global inequalities Meeting the need of the present without comprising future has to be taken into account by food industry without undermining bottom line balance sheets Food cost climbing and global warming ECONOMY Rising cost of petroleum Input cost for bakers included commodities have declined. Bakeries may be passing along the cost of suppliers purchased on contracts signed before commodity price began to fall. Industry
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BMW EXTERNAL FACTORS EVALUATION (EFE) OPPORTUNITIES No FACTORS WEIGHT RATING SCORE 1 People nowadays that concern about comfortable‚ style and satisfaction 0.15 4 0.60 2 Regular or loyal customer towards brand 0.01 2 0.02 3 Low cost of labor 0.05 4 0.20 4 Well known car brand 0.03 3 0.09 5 Offer more model according to customer capability 0.03 4 0.12 6 Demand from customer increase 0.03 1 0.03 7 The development in communication and technology 0.02 2 0.04 8 Unemployment rate declined 0
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Apple IFE Matrix Analysis It was pretty surprising to me to find that all the different groups came up with fairly similar ratings in their IFE matrix for Apple Inc. My group‚ management‚ had the second highest rating at a 2.78 and I felt that we were fairly critical of the different strengths and weaknesses for the company. The groups that pertained to a more financial aspect like finance and accounting seemed to have lower scores‚ which were not as far above the average for utilization of resources
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5. Discuss important forecasting tools used in strategic management. Discuss the importance of monitoring external trends and events. 6. 7. 8. Explain how to develop an EFE Matrix. Explain how to develop a Competitive Profile Matrix. Experiential Exercise 3B The External Assessment Experiential Exercise 3C Developing an EFE Matrix for My
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people of the two communities. Also examined is the relationship between perception of the conflict; social interaction; and attitude towards violence/conflicts/use of weapons. The data used is from a larger household survey carried out by the author in Ife-Modakeke community. The result of the correlation analysis shows a negative relationship between perception of the conflict and social interaction. This implies that the more people perceive the conflict‚ the less is social interaction with the people
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Competitive Profile Matrix The competitors profile matrix identifies firm’s major competitors and its particular strength and weaknesses in relation to a sample firm’s strategic position. Weight: Assign to each factor a weight that range from 0.0 to 1.0.weight indicates the relative importance of the critical success factors. Rating: Ratings refer to strengths and weaknesses where 4= major strength‚ 3= minor strength 2= minor weakness and 1= major weakness. In CPM the rating and total weighted
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HISTORY OF EFES PİLSEN 2 MISSION OF EFES PİLSEN 2 VISION OF EFES PİLSEN 2 OUR VALUES 2 FUNDAMENTAL STRATEGIES FOR ACHIEVING OUR VISION AND MISSION 3 THE MARKETING CONCEPTS EFES PİLSEN PERFORMS 3 THE PRODUCTION CONCEPT: 3 THE PRODUCT CONCEPT: 3 THE SELLING CONCEPT: 3 THE MARKETING CONCEPT: 3 THE SOCIETAL MARKETING CONCEPT: 3 THE MAIN PRODUCTS OF EFES PİLSEN 4 PİLSEN 4 LİGHT 4 DARK 4 EXTRA 5 FIÇI 5 EFES PİLSEN’S SALES 5 PERCENTAGES OF CUSTOMERS’ BEER TYPE CHOICES
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PERT/CPM Project management triangle is the symbol that represents the money‚ time and scope items in a project‚ which has been modeled by Harold Kerzner. Given the wide range of project management tools available‚ the key to selecting the right one is to understand that different tools are needed along the different stages of a project life cycle. Graphical displays such as gantt-charts usually make the information easy to identify; and we can easily use it for tracking cost‚ schedule and performance
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“Entrepreneurs” “Entrepreneurship” “Startup Company” “Entrepreneurial Economics” Entrepreneur Key terms: * Entrepreneur * Social entrepreneur * Serial entrepreneur * Lifestyle entrepreneur * Treps Paraphrasing: Entrepreneur is a person who is willing to put his career and financial security on line with risk in name of new idea and spending time as well as money in new venture. Entrepreneurs have managerial skills‚ team building skills‚ problem solving skills‚ skills
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Evaluation (IFE) matrix is a strategic management instrument for assessing main strengths and weaknesses in useful areas of a company. IFE matrix also gives a foundation for recognizing and assessing associations among those parts. The IFE matrix is utilized in strategy formulation. An example of internal factor evaluation matrix is given for the Coca-Cola Company. Steps in the Construction of IFE Matrix 1. In the first column‚ lists down all the strengths and weaknesses. IFE matrix should
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