What is the IFE matrix score and what does it mean and imply?

Internal Factors Evaluation Matrix (IFE) for General Motors

A simulated assessment of internal and environmental factors considering the strengths and weaknesses of General Motors Company

internal strengths						Weight	Ratings	weighted score
1. It has well-established brands						9%	2		0.18
2. It has various warehouses all over the world.						8%	3		0.24
3. Reached a larger global market						8%	3		0.24
4. High demand for upcoming vehicle brands						13%	4		0.52
5. Good strategies to handle the competition						10%	3		0.3
6. It has loyal employees						3%	1		0.03
7. Access economic inputs						4%	1		0.04
8. Largest car manufacturer in the market						4%	1		0.04
9. Strong management team						5%	2		0.1
10. It has a good name in the market						2%	1		0.02
Internal weaknesses
1. Sensitive to changes in car prices						13%	1		0.13
2. Reduced liquidity due to losses						10%	2		0.2
3. Poor performance in some business segments						8%	3		0.24
4. Low debt ratings						4%	4		0.12
5. Cut prices to fight competition						6%	2		0.12
	major strength (1), minor strength (4), major weakness (1), minor strength							(1)
WEIGHTED TOTAL SCORE						100%			2.48