Unit IV Mini Project – SWOT analysis
Instructions
EFAS Table
Using the information gathered from your SWOT analysis conducted in Unit II (attached),
create an external factor analysis (EFAS) table for the company you researched.
Use Microsoft Word, or a similar program, to create your table. It should have
five columns. The first column heading should be titled External Factors, the
second column should be titled Weight, the third column should be titled
Rating, the fourth column should be titled Weighted Score, and the fifth
column should be titled Comments. You may also use the provided template (attached as EFAS Template).
Attached is a copy to see an example EFAS table (named as Example_EFAS_Table).
- In the External Factors column, list at least six opportunities you saw in
the company you researched. Underneath the opportunities, list at
least six threats you saw in the company you researched. - In the Weight column, assign an importance factor to each of these issues.
It is important to note that whenever working with weighted
averages, the weight column should always total 1.0, or 100%,
regardless of how many factors are included in the EFAS analysis. It
is up to the analyst to decide how much weight each individual
external factor is assigned based on the probable impact on a
particular companys current strategic position. The higher the
weight, the more important the factor to the current and future
success of the company. An important factor may have a weight of 0.5
(50%), while a less important factor may have a weight of .05 (5%).
When all is finished, however, all factor weights should total 1.0,
or 100%. You may not be privy to the exact information for this
company, so in some cases you will need to use your best judgment. (You
will justify your weighting in column five.) - In the Rating column, assign a rating factor from 5.0-1.0 (5.0 is
outstanding; 1.0 is poor). These ratings are based on the companys
response to that particular factor. It is your judgment call on
how the company is currently dealing with each specific factor.
Once again, you may need to make an estimate in this area if you
are not privy to all of the information. (You will justify your
weighting in column five.) - In the Weighted Score column, multiply the weight from column 2 by the
rating in column 3 to get the factors weighted score. - In the Comments column, explain why a particular factor was selected and
how its weight and rating were estimated. - At the bottom of column 4, add the weighted scores for the external
factors. Is the company doing better or worse than others in the same
industry? Complete this answer underneath your table.
Format your assignment using APA Style. Use your own words, and include
citations and references as needed to avoid plagiarism.
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