Which of the following is the first step in developing an IFE Matrix?
A) Determining the organization's structure
B) Summing the weighted scores for each variable
C) Identifying the organization's strengths and weaknesses
D) Identifying the organization's functions of business
E) Determining the lead strategist

Question

Quizplus · Accepted Answer

The first step in developing an IFE Matrix is identifying the organization's strengths and weaknesses. This is because the IFE Matrix is a tool used to evaluate the internal environment of a company by analyzing its strengths and weaknesses. Once the strengths and weaknesses are identified, they can be assigned weighted scores and used to develop the IFE Matrix.

Which of the Following Is the First Step in Developing