When Using External Factor Evaluation (EFE) Matrix, What Is Done

question 81

Multiple Choice

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) Identifying key external factors
• B) Summing the weighted score for each competitor
• C) Summing the weighted scores for each variable to determine the total weighted score for the organization
• D) Drawing the horizontal and vertical lines for the matrix
• E) Determining the preferred strategic factors

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Definitions:

In-Person Survey

A data collection method where researchers directly interact with participants to gather information through questions in a face-to-face setting.

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Reliable

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Verifiable

Capable of being tested and proven as true or accurate.