Create an external factor analysis table for the company

Assignment Help Marketing Research
Reference no: EM131706657

EFAS Table

Using the information gathered from your SWOT analysis conducted in Unit II, create an external factor analysis (EFAS) table for the company you researched. Use Microsoft Word, or a similar program, to create your table.

It should have five columns. The first column heading should be titled External Factors, the second column should be titled Weight, the third column should be titled Rating, the fourth column should be titled Weighted Score, and the fifth column should be titled Comments.

1. In the External Factors column, list 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 may not be privy to the exact information for this company, so in some cases you will need to use your best judgment. (You will justify your weighting in column five.)

3. In the Rating column, assign a rating factor from 5.0-1.0 (5.0 is Outstanding; 1.0 is poor). These ratings are based on the company's response to that particular factor. It is your judgment call on how the company is currently dealing with each specific factor. Once again, you may need to make an estimate in this area if you are not privy to all of the information. (You will justify your weighting in column five.)

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, explain why a particular factor was selected and how its weight and rating were estimated.

6. At the bottom of column 4, add the weighted scores for the external factors. Is the company doing better or worse than others in the same industry? Complete this answer underneath your table.

Format your assignment using APA Style. Use your own words, and include citations and references as needed to avoid plagiarism. Remember to use proper APA formatting and include a reference page.

Attachment:- Microsoft SWOT analysis.rar

Reference no: EM131706657

Questions Cloud

Describe the meaning of contribution margin ratio : Describe the meaning of Contribution Margin ratio and Explain the relationship between Contribution Margin ratio and Number of Breakeven units
What is the differential diagnosis : A patient attends his surgery for review of the investigation of erectile dysfunction. What is the differential diagnosis
How long will it take for the account to be paid off : The interest charge is 1.4 percent per month on the overdue balance. If the current balance is $17,340, how long will it take for the account to be paid off?
Define how do you feel about the military using soldiers : How do you feel about the military using soldiers to test drugs such as LSD without their knowledge
Create an external factor analysis table for the company : Create an external factor analysis (EFAS) table for the company you researched. Use Microsoft Word, or a similar program, to create your table.
How does your chosen regulation impact hrm : How does your chosen regulation impact HRM? How does the chosen regulation impact day to day operations in a organization?
What specific skills are needed to perform those duties : What specific skills are needed to perform those duties. Do you have those skills
Define illegal activity under the nlra : Was the ILA guilty of a secondary boycott? If so, against whom? What arguments can be made that this action was not illegal activity under the NLRA?
What was the annual increase in selling price : In January 2007, the average price of an asset was $27,358. 7 years earlier, the average price was $20,808. What was the annual increase in selling price?

Reviews

Write a Review

Marketing Research Questions & Answers

  Describe what research design should be adopted

Assume Kimmel decides to conduct a study to address the marketing research problem, describe what research design should be adopted? Relate the different phases of the research design to specific aspects of the marketing research problem.Define wh..

  How do markets work in which firms poach customers

Does an increase in switching costs lead to more relaxed or more intense competition? Discuss. How do markets work in which firms poach customers?

  Discuss about the weighted average cost of capital

Discuss about the Weighted Average Cost of Capital.Companies are valued in different ways. One way to determine what the market value of a company is by using the Weighted Average Cost of Capital, or WACC.

  Discuss about the advertising messages and marketing

Discuss about the advertising messages and marketing,integrated marketing communications and media choices,channels of distribution and logistics.

  Describe three types of market share

There are three types of market share. Describe each one. In your opinion, which one would be more beneficial for a health care organization to use to measure their performance in market share? Provide detail with examples.

  Increasing productive capacity using technology

Identify an article on any one of the following management decisions commonly made in an organization:Cutting costs,Enhancing business operations,Increasing productive capacity using technology.

  Evaluate the evolution of online marketing

Evaluate the evolution of online marketing, making references to lessons from traditional marketing theory.

  Discribe the swot analysis about an organization

Strengths, weaknesses, opportunities, and threats (SWOT) are critical components of a marketing plan. For this assignment, you will build a marketing plan for an organization, product, or service of your choice.Begin by selecting an organization, ..

  Develop a marketing plan for the same company

Design a plan that enhances this position or alters the current positioning to take advantage of a potential opportunity or trend in the marketplace.

  Define the purpose of profitability control

The purpose of profitability control

  Discuss about the external marketing environmen

Discuss about The External Marketing Environment in the Global Marketplace. and given the answer of the follwing Questions.

  Identify three online sources providing knowledge

Identify and Describe a Specific New Product Development Opportunity.Identify Three Online Sources ProvidingKnowledge .

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd