Question: PARAPHRASE: An External Factor Evaluation (EFE) Matrix is a strategic management tool used to assess an organization's external environment by identifying key opportunities and threats.

PARAPHRASE: An External Factor Evaluation (EFE) Matrix is a strategic management tool used to assess an organization's external environment by identifying key opportunities and threats. A balanced EFE Matrix, consisting of ten opportunities and ten threats, provides a comprehensive overview of the external factors impacting an organization, enabling strategic decision-makers to devise informed strategies.

An External Factor Evaluation (EFE) Matrix is a strategic management tool used to assess an organization's external environment by identifying key opportunities and threats. A balanced EFE Matrix, consisting of ten opportunities and ten threats, provides a comprehensive overview of the extemal factors impacting an organization, enabling strategic decision-makers to devise informed strategies

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