When using External Factor Evaluation (EFE) Matrix, what is done after multiplying each factor's weight by its rating to determine a weighted score?
A) Identifying key external factors
B) Summing the weighted score for each competitor
C) Summing the weighted scores for each variable to determine the total weighted score for the organization
D) Drawing the horizontal and vertical lines for the matrix
E) Determining the preferred strategic factors

Question

Quizplus · Accepted Answer

After calculating the weighted scores for each factor, they are summed to determine the total weighted score for the organization, which reflects how well the organization is responding to external factors.

When Using External Factor Evaluation (EFE) Matrix, What Is Done