Social, cultural, demographic and natural environment forces and examples of ?
What is External Forces ?
100
The weight and total weighted scores in both ____ and ___ have the same meaning.
What is CPM and EFE (Competitive Profile Matrix, External Factor Evaluation)?
100
What does EFE stand for?
What is External factor evaluation?
100
What is the three strategic management stages
What is formulation, implementation, evaluation
200
Unions, environmental protection laws, and voter participation rates all have to do with which external factor?
What is political governmental and legal external factors?
200
Identifies a firms major competitor and it's particular strength and weakness.
What is CPM (Competitive Profile Matrix) ?
200
Define EFE
What is allows strategists to summarize and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive forces?
200
Where is professor Kim From?
What is South Korea?
300
Attitudes towards working, saving and investing and retiring are examples of what external factor?
What is social,cultural, etc. factors?
300
Multiply each factors weight by it's rating.
What is weighted score?
300
The EFE ranges from ____ to ___
What is 0 to 1?
300
What is Jasmine's favorite color?
What is purple?
400
"Market share matters" is part of what external factor?
What is characteristics of competitive companies?
400
Factors in a CPM include ___ and ___ issues
What is internal, and external ?
400
How many factors should be in EFE?
What is 15to 20?
400
What room number are we in?
What is 421?
500
The view that external factors are more important than internal factors in a firm for achieving competitive advantage?
What is The Industrial Organization (I/O) View ?
500
What is the difference between CPM and EFE?
What is EFE measures opportunities, CPM measures the firms competitors weakness and strengths and compares the data to themselves.
500
True or false, you have to be specific with percentages, ratios, and comparative numbers.