One Difference Between CPM and EFE Is That

question 63

Multiple Choice

One difference between CPM and EFE is that

• A) CPM includes both internal and external issues.
• B) the weights and total weighted scores have different meanings.
• C) CPM ratings range from 1 to 10.
• D) CPM is performed only for the company, whereas EFE is performed for both the company and its competitors.
• E) CPM is only used in small firms.

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Definitions:

Validly Rejected

Pertains to the lawful refusal to accept an offer, contract, or proposition based on legitimate grounds or criteria.

Nonconformity

The failure of a product or service to meet specified standards or expectations.

Reasonable Opportunity

A circumstance where an individual or party is given a fair and sufficient chance to undertake an action or fulfill an obligation.

Counteroffer

A reply to a proposal where the initial conditions are declined and alternative conditions are suggested.