Question: 3 - 1 , Explain why it is important to develop both a full and narrow list of key external factors in developing an EFE

3-1, Explain why it is important to develop both a full and narrow list of key external factors in developing an EFE Matrix.
3-3, What does a CPM total weighted score of 1.88 imply for a company?
3-9, Mathematically, how much more important is a rating of 4 compared to a rating of 3? Why is this concept important in developing strategic planning matrices?
3-11, List some legal/ethical ways to gather competitive intelligence. List some illegal/unethical ways.
3-15, If your CPM has three firms and they all end up with the same Total Weighted Score, would the analysis still be useful? Why.
3-18, Rank order the relative importance of Porter's Five Forces in the business of operating a college or university.
3-19, 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.
 3-1, Explain why it is important to develop both a full

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