EFI matrix, being quite detailed and

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thin the market. You can carry out internal audits yourself, since you have a clear overview of your situation using an EFI matrix. Do you want to know how? So join me in this reading! What is the EFI matrix? The EFI matrix, also known as MEFI, stands for Internal Factors Evaluation Matrix . ADVERTISEMENT A tool that allows you to carry out an internal audit and thus understand the strengths and weaknesses of a company or one of its functional areas. Before carrying out any strategic planning or even launching a new product to the market , it is important to understand what the strengths and weaknesses are. In this way they can be


considered and improved before it is too late. To Chinese Australia Phone Number List carry out a good evaluation of the internal factors, it is only necessary to follow the steps for creating the EFI matrix, being quite detailed and specific. By creating the matrix, we are already reflecting and discovering the company more deeply, since sometimes due to daily routine, many things go unnoticed. What is the importance of the EFI matrix? To decide the strategies to follow, in marketing , in the commercial area or in any other sector of the company, they imply a general knowledge of the current situation. Whether before executing a project or to determine what the next strategy will be to





increase sales , it is necessary to know the strengths and weaknesses . It is for this reason that creating an evaluation matrix of internal factors is necessary before making an important decision for the business. Steps to make an EFI matrix Performing an EFI matrix can seem confusing and complicated when you do not have knowledge of the procedure. However, by following these instructions step by step you will be able to create it without major difficultie