David 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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External Factor Evaluation Matrix (EFEM) FOR PAKISTAN STATE OIL:- External Factor Evaluation (EFE) matrix method is a strategic-management tool often used for assessment of current business conditions. The EFE matrix is a good tool to visualize and prioritize the opportunities and threats that a business is facing. Table 1: EFE Matrix for Pakistan State Oil S.No | KEY EXTERNAL FACTORS | WEIGHT | RATING | WS | OPPORTUNITIES: | 1. | Operating in largest CNG consuming country in the
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Rating Rating in CPM represent the response of firm toward the critical success factors. Highest the rating better the response of the firm towards the critical success factor ‚rating range from 1.0 to 4.0 and can be applied to any factor. [pic][pic]There are some important point related to rating in CPM. • Rating is applied to each factor. • The response is poor represented by 1.0 • The response is average is represented by 2.0 • The response is above average represented by
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External Audit The external audit is an effective way for Ford to locate areas that their company can improve. These areas are called opportunities and threats. In order to create an external audit‚ Ford will need to look at several key external forces that play an important role in the company’s future. Ford will need to look for forces that include: Economic Forces‚ Social‚ Cultural‚ and Demographic Forces‚ Political‚ Governmental‚ and Legal Forces‚ Technological Forces‚ and Competitive Forces
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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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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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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 score for rival firms can be compared to the sample firms. This comparative analysis provides important internal strategic information. Mobile Manufacturing | I-phone | Samsung | Nokia | Success Factors | Weight
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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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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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