The technique recommended by the text to organize an analysis of external strategic factors is called
A) IFAS.
B) EFAS.
C) SFAS.
D) SWOT.
E) the issues priority matrix.

Question

Quizplus · Accepted Answer

The text recommends the use of EFAS, or External Factor Analysis Summary, to organize an analysis of external strategic factors. This tool helps to identify and prioritize key external factors that impact a company's performance and competitiveness, and is often used in conjunction with an internal analysis using the IFAS tool. The SFAS tool is used to analyze strategic factors related to a specific issue or decision, and SWOT is a broader framework that considers both internal and external factors. The issues priority matrix is a tool used to prioritize issues or initiatives based on their importance and urgency.

The Technique Recommended by the Text to Organize an Analysis