Question: Given the 10 major external forces that affect the organization, which to you is the most critical factor that will affect your company. Which will

Given the 10 major external forces that affect the organization, which to you is the most critical factor that will affect your company. Which will have the least effect. Explain your answer.

TUV Rheinland Philippines, Inc. EFE Matrix Key External Factors Opportunities Weight1. Growing demand for Quality Certifications 0.32. Government support for industry regulations 0.253. Technological advancements in the industry 0.154. Economic Stability 0.15. Availability of trainings/seminars online that could lead to a wider scope of new clients0.2 1 Threats Weight1. Changing customer preferences 0.152. Impact of natural disasters on operations especially field/in-house trainings0.253. Availability of skilled workforce specifically trainers and auditors 0.184. Currency exchange rate fluctuations 0.25. Aggressive approach of competitiors on Key account clients 0.22 1

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