Question: Part I: External Factor Evaluation (EFE) Matrix Create an External Factor Evaluation Matrix for the CLC group's selected company by completing the following steps: Step

Part I: External Factor Evaluation (EFE) Matrix Create an External Factor Evaluation Matrix for the CLC group's selected company by completing the following steps: Step 1: See Chapter 3 of Strategic Management: A Competitive Advantage Approach, Concepts, and Cases to learn how to complete an EFE Matrix. Step 2: Open your Strategic-Planning Template you started in Topic 1. Click on the "EFE" tab at the bottom of the template. Step 3: Complete the matrix using the external opportunities and threats you identified in the Topic 1 assignment. Make sure the factors you include are actionable, quantitative, comparative, and specific. Step 4: Use the online sources listed in Table 3-7 located in Chapter 3 of Strategic Management: A Competitive Advantage Approach, Concepts, and Cases to assist you with your analysis and calculations. Be sure not to include strategies as opportunities; but do include as many monetary amounts, percentages, numbers, and ratios as possible. Step 5: Write a brief explanation (250-350 words) of the findings and implications of the data identified in the EFE Matrix. See the Sample Strategic Plan for Colgate-Palmolive (2019) as an example

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