Which of the following is the first step in developing an IFE Matrix?
A) Determining the organization's structure
B) Summing the weighted scores for each variable
C) Listing key internal strengths and weaknesses
D) Identifying the organization's functions of business
E) Assigning a weight to each factor

Question

Quizplus · Accepted Answer

The first step in developing an IFE Matrix is to identify the key internal strengths and weaknesses of the organization, which involves conducting an internal analysis of the organization's resources, capabilities, and competencies. Only after this step can the internal factors be weighted and scored to complete the IFE Matrix.

Which of the Following Is the First Step in Developing