4 Using the figure below, indicate how each strength and weakness was identified. Also, choose two strengths and two weaknesses, which should be considered in strategy formulation and justify. TABLE 5-2 Internal Factor Analysis Summary (IFAS Table): Maytag as Example Internal factors Weighted Weight Rating Score Comments 2 3 5 Strengths - Quality Maytag culture .15 5.0 .75 Quality key to success Experienced top management .05 4.2 21 Know appliances Vertical integration 3.9 .39 Dedicated factories - Employer relations .05 3.0 .15 Good, but deteriorating - Hoover's international .15 2.8 Hoover name in cleaners orientation Weaknesses Process-oriented R&D .05 22 11 Slow on new products - Distribution channels 2.0 10 Superstores replacing small dealers - Financial position .15 2.0 High debt load Global positioning 20 2.1 Hoover weak outside the United Kingdom and Australia - Manufacturing facilities OS 4,0 20 Investing now Total Scores 1.00 3.05 .10 .42 .05 30 .42