Question: When using External Factor Evaluation ( EFE ) Matrix, what is done after multiplying each factor's weight by its rating to determine a weighted score?
When using External Factor Evaluation EFE Matrix, what is done after multiplying each factor's weight by its rating to determine a weighted score?
a Drawing the horizontal and vertical lines for the matrix
b Summing the weighted scores for each variable to determine the total weighted score for the organization
c Identifying key external factors
d Determining the preferred strategic factors
e Summing the weighted score for each competitor
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
