The matrix that summarizes an organization's strategic factors by combining the external factors from the EFAS Table with the internal factors from the IFAS Table is called a(n)
A) Total Weighted Score.
B) SWOT Matrix.
C) SFAS Matrix.
D) TOWS Matrix.
E) Issues Priority Matrix.

Question

Quizplus · Accepted Answer

The SFAS (Strategic Factor Analysis Summary) Matrix combines both internal and external factors to identify the most important strategic factors for an organization. It is a tool used in strategic planning and is different from the other options listed. Choice A, Total Weighted Score, is a method of adding up the scores assigned to each factor in an IFAS or EFAS table to determine the overall score for an organization. Choice B, SWOT Matrix, only includes internal and external factors in a four-quadrant format to identify strengths, weaknesses, opportunities, and threats. Choice D, TOWS Matrix, is also a four-quadrant tool that matches internal strengths and weaknesses with external opportunities and threats to generate strategic options. Choice E, Issues Priority Matrix, is a tool used to prioritize and address issues within an organization, but it does not combine internal and external factors.

The Matrix That Summarizes an Organization's Strategic Factors by Combining