In the development of an SFAS matrix,the first step is to
A) enter the ratings of how the company's management is responding to each of the strategic factors.
B) calculate the weighted scores.
C) list the most important EFAS and IFAS items.
D) indicate short-term goals for the duration.
E) enter the weights for all of the internal factors.

Question

Quizplus · Accepted Answer

The first step in developing an SFAS matrix is to identify and list the most important external factors analysis summary (EFAS) and internal factors analysis summary (IFAS) items. This is because the SFAS matrix is based on the EFAS and IFAS matrices. Once these items are identified, the next step is to rate how the company is responding to each of them, assign weights to each factor, and calculate the weighted scores. Therefore, options A, B, D, and E are not the first step in developing an SFAS matrix.

In the Development of an SFAS Matrix,the First Step Is