Question: Firstly, study the Key Learning Materials (Synopsis: Understanding of the External Environment and Industry Analysis and the Competitive Profile Matrix). Secondly, review the Supplementary Reading
- Firstly, study the Key Learning Materials (Synopsis: Understanding of the External Environment and Industry Analysis and the Competitive Profile Matrix).
- Secondly, review the Supplementary Reading Material (The External Assessment Nature of the External Audit)
- Thirdly, Use SULMS Discussion Forum to discuss the task with instructor and other students
- Finally, follow specific instructions to complete the assessment (T 2 Guidelines - Competitive Profile Matrix) and submit through the link provided (Assignment Activity)
- Before you complete the assessment, look at a sample CPM (T2 Sample Assignment)
.
| An Example of a Competitive Profile Matrix developed by the instructor based on an adaptation of a CPM model in Strategic Management Concepts and Cases (David 2013) | |||||||
| Company 1 (NADEE) | Company 2 (ALSAFI) | Company 3 (SAVOLA) | |||||
| CSF | Weight | Rating | Weighted Score | Rating | Weighted Score | Rating | Weighted Score |
| Advertising | 0.20 | 1 | 0.20 | 4 | 0.80 | 3 | 0.60 |
| Product quality | 0.10 | 4 | 0.40 | 3 | 0.30 | 2 | 0.20 |
| Price competitiveness | 0.1 | 3 | 0.30 | 2 | 0.20 | 1 | 0.10 |
| Management exp. | 0.1 | 4 | 0.40 | 3 | 0.20 | 1 | 0.10 |
| Financial position | 0.15 | 4 | 0.60 | 2 | 0.30 | 3 | 0.45 |
| Customer loyalty | 0.2 | 4 | 0.80 | 3 | 0.60 | 2 | 0.40 |
| Global expansion | 0.1 | 5 | 0.50 | 5 | 0.50 | 3 | 0.30 |
| TOTAL | 1 | 3.20 | 2.30 | 2.15 | |||
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
