Reference no: EM132224786
Part C: External Analyses
Identify the company’s external opportunities and threats.
Construct a Competitive Profile Matrix (CPM) for the company. A CPM evaluates the competitive position of a company in a given industry and looks at the company’s critical success factors.
Develop an External Factor Evaluation (EFE) Matrix. An EFT summarizes the results of an external audit.
Part D: Internal Analyses
Identify the company’s internal strengths and weaknesses.
Construct an Internal Factor Evaluation (IFE) Matrix. An IFE identifies and prioritizes factors among departments and divisions in companies; i.e., human resources, marketing, production/operations, finance and accounting, MIS, etc. An IFE Matrix improves communication and effectiveness among these different departments.
What strategies would allow this corporation to capitalize on its major strengths? What strategies would allow this corporation to improve upon its major weaknesses?