Construct internal factor evaluation matrix

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Reference no: EM132204641

1. Identify the firm’s existing vision, mission, objectives, and strategies.

2. Develop vision and mission statements for the organization.

3. (a) Identify the organization’s external opportunities and threats.

(b) Develop PESTEL

4. Construct a Competitive Profile Matrix (CPM).

5. Construct an External Factor Evaluation (EFE) Matrix

6. Identify the organization’s internal strengths and weaknesses.

7. Construct an Internal Factor Evaluation (IFE) Matrix.

8. Recommend long-term objectives and specific strategies to achieve them. Compare your recommendations to actual strategies planned by the company.

Reference no: EM132204641

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