Reference no: EM13348146
Using the information collected from your SWOT analysis, prepare an EFAS table for the company you researched.
1. In the External Factors column, show at least six opportunities you saw in the company you researched. Underneath the opportunities, list at least six threats you saw in the company you researched.
2. In the Weight column, assign an importance factor to each of these issues from 0.0-1.0 (1.0 is most important; 0.0 is least important). These ratings are based on the probable impact on a particular company's current strategic position. The higher the weight, the more important the factor to the current and future success of the company. You can not be privy to the exact information for this company, so in some cases you will need to use your best judgment.
3. In the Rating column assign a rating factor from 5.0-1.0. These ratings are based on the company's response to that particular factor. It is a judgment call on how the company is currently dealing with each specific factor. Once again, you can need to make an estimate in this area if you are not privy to all of the information.
4. In the Weighted Score column, multiply the weight from column 2 by the rating in column 3 to get the factor's weighted score.
5. In the Comments column describe why a particular factor was selected and how its weight and rating were estimated.
6. At the bottom of column add the weighted scores for the external factors. Is the company doing better or worse than others in the same industry?
Referencing style:APA Style