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INTERNAL
FACTOR ANALYSIS SUMMARY
It
means Internal Factor Evaluation matrix, is a popular strategic management tool
for auditing or evaluating major internal strengths & internal weaknesses
in functional areas of an organization or a business. It also provides a basis
for identifying or evaluating relationships among those areas. An internal
analysis is an exploration of your organizations competency, cost position
& competitive viability in the market place. Conducting an internal
analysis often incorporates measures that provide useful information about your
organizations a SWOT analysis.
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