External Factor Evaluation Matrix (EFEM) FOR PAKISTAN STATE OIL:- External Factor Evaluation (EFE) matrix method is a strategic-management tool often used for assessment of current business conditions. The EFE matrix is a good tool to visualize and prioritize the opportunities and threats that a business is facing. Table 1: EFE Matrix for Pakistan State Oil S.No | KEY EXTERNAL FACTORS | WEIGHT | RATING | WS | OPPORTUNITIES: | 1. | Operating in largest CNG consuming country in the
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External Audit The external audit is an effective way for Ford to locate areas that their company can improve. These areas are called opportunities and threats. In order to create an external audit‚ Ford will need to look at several key external forces that play an important role in the company’s future. Ford will need to look for forces that include: Economic Forces‚ Social‚ Cultural‚ and Demographic Forces‚ Political‚ Governmental‚ and Legal Forces‚ Technological Forces‚ and Competitive Forces
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EXTERNAL FACTOR EVALUATION (EFE) MATRIX OPPORTUNITY THREATS POLITICAL Global inequalities Meeting the need of the present without comprising future has to be taken into account by food industry without undermining bottom line balance sheets Food cost climbing and global warming ECONOMY Rising cost of petroleum Input cost for bakers included commodities have declined. Bakeries may be passing along the cost of suppliers purchased on contracts signed before commodity price began to fall. Industry
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Google Case Study EFE (External Factor of Evaluation) S. no | Opportunities | Weight | Rating | Weighted Score | 1. | In future Google expand their coverage of universe with alliance LSST. | 0.05 | 2 | 0.1 | 2. | Google may explore new businesses in future related to telescope. | 0.1 | 2 | 0.2 | 3. | After implementing of LSST telescope build up-to-the-minute image of internet‚ which will give him competitive advantage. | 0.02 | 2 | 0.04 | 4. | After Acquiring YouTube; it can start new
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HIDALGO RESTURANT‚ INC: SUCCEEDING AS AN ENTREPRENEUR I. VISION A. Vision Statement “For everyone who works with us to discover in themselves their talent and their potential and to build relationship with each other” B. Comments Vision statements should answer the question “What do we want to become.” But Hidalgo’s vision statement does not answer that question. It doesn’t even mention what kind of business they are into. C. Proposed Vision Statement To be the preferred
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Real world Applications of Electronics This chapter introduces some of the real world applications of Electronics; 1. Audio Systems 2. Radio Transmission & Reception 3. Control Systems 1. AUDIO SYSTEMS: Any system operating at audio frequencies (20 to 20‚000 Hz) is called an Audio System‚ e.g. an intercom‚ music systems etc. Following diagram (fig.1.1) shows the main features of such an audio system; FIGURE 1.1: Main blocks of an audio system 1.1 Radio tuner: It receives radio signals and converts
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INTRODUCTION Coca-Cola‚ the product that has given the world its best known taste was born in Atlanta‚ Georgia on May 8‚ 1886. Coca-Cola Company is the world’s leading manufacturer‚ marketer and distributor of non-alcoholic beverage concentrates and syrups‚ used to produce nearly 400 beverage brands. They have a strong management and marketing team‚ and they produce products that people want and in some cases need. Examples of well-known brands they own include Coke‚ Sprite‚ Fanta‚ Vitamin Water
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5. Discuss important forecasting tools used in strategic management. Discuss the importance of monitoring external trends and events. 6. 7. 8. Explain how to develop an EFE Matrix. Explain how to develop a Competitive Profile Matrix. Experiential Exercise 3B The External Assessment Experiential Exercise 3C Developing an EFE Matrix for My
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About Macy’s With so many choices today‚ shoppers are looking for retailers that stand out from the crowd. That’s why Macy’s and Bloomingdale’s are aggressively driving to deliver a differentiated shopping experience with unique merchandise‚ fashion brands‚ interesting stores‚ engaging online sites‚ excellent service and breakthrough marketing and special events. At every level of the business‚ Macy’s‚ Inc. is pursuing ways to be more creative and distinctive in meeting customer needs and in
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Management Principles Abigail Ramirez MAN103 Robert Campbell October 1‚ 2013 In this management class I have learned many things‚ many of them that I will use in my daily life and in my working environment. The top five management principles are planning‚ leading‚ controlling‚ decision making‚ and human relations. Planning is my first management principle; it requires the planner to anticipate the future. A systematic process of making decisions
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