Construct and explain the external factor evaluation matrix


Homework: Team Strategic Audit

Instructions

Quality project papers are usually no shorter than 35 pages. This is TEAM project, thus it is only about seven pages per student with charts/tables.

Written Audit Analysis

In preparing a written case analysis, provide answers to the following answers:

A. Give a brief overview and explain the type of industry the company is operating.

B. Identify the firm's existing vision, mission, overall objective, and strategies.

C. Evaluate the mission statements for the organization and its competitors according to the nine mission statement components, and develop an "improved" mission statement for the organization.

D. Discuss any ethical issues that the company had dealt with in the past or is dealing with currently.

E. Did anything adverse come from it and what can they do to make amends?

F. Identify the organization's external opportunities and threats.

G. Construct and explain a Competitive Profile Matrix (CPM). Include at least seven factors and two competitors.

H. Construct and explain the External Factor Evaluation (EFE) Matrix.

I. Identify the organization's internal strengths and weaknesses. Construct and explain the Internal Factor Evaluation (IFE) Matrix.

J. Describe the financial condition. Develop and explain the financial analysis.

K. Prepare tables/charts and explain each factor of the following: Strengths-WeaknessesOpportunities-Threats (SWOT) Matrix, SPACE Matrix, BCG Matrix, IE Matrix, and Grand Strategy Matrix.

L. Utilizing the strategies developed from your matrices, construct a Quantitative Strategic Planning

M. Matrix (QSPM) (Most important analysis). Be specific in terms strategies. You should have at least three strategies including one that states "keep current strategy".

N. Present your recommendations for the company and include justification for these recommendations. Compare and contrast your recommendations to actual strategies planned by the company.

O. Conclusion

Format your homework according to the give formatting requirements:

a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.

c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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