Question: Let s say you work for McDonald s and you applied Porter s
Let’s say you work for McDonald’s and you applied Porter’s Five-Forces Model to study the fast-food industry. Would information in your analysis provide factors more readily to an EFE Matrix, a CPM, or to neither matrix? Justify your answer.
Answer to relevant QuestionsShould firms take stances on political issues? Could/should critical success factors in a CPM include external factors? Explain. As the owner of a small business, explain how you would organize a strategic-information scanning system. How would you organize such a system in a large organization? Develop a Competitive Profile Matrix for your university. Include six factors. Explain why it is best not to have more than 30 percent of the factors in an IFE Matrix be financial ratios.
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