Clarify what The External Factor Evaluation (EFE) Matrix and The Internal Factor Evaluation (IFE) Matrix are? And how they help companies to build a well SWOT analysis?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter9: The Strategic Management Process: Achieving And Sustaining Competitive Advantage
Section9.6: Measuring And Evaluating Strategic Performance
Problem 1CC: Why is performance evaluation critical in strategic planning?
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Clarify what The External Factor Evaluation (EFE) Matrix and The Internal Factor Evaluation (IFE) Matrix are? And how they help companies to build a well SWOT analysis?

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