Write. B) the weights and total weighted scores have different meanings. C) the Matrix does not reflect divisional or industry growth over time.

Created by. competitive profile matrix -------are the broad, longrange attributes the small business seeks to accomplish________are the specific, measurable milestones the … PLAY. Number and significance of markets that a firm competes in with rivals. Chapter 3-Strategic Management (CAP) STUDY. An external audit focuses on identifying and evaluating trends and events within the control of management. Industry Analysis . C) CPM ratings range from 1 to 10. Flashcards. The Competitive Profile Matrix (CPM) identifies a firm's major competitors and its particular strengths and weaknesses in relation to a sample firm's strategic position. One difference between a Competitive Profile Matrix (CPM) and an External Factor Evaluation (EFE) is that A) CPM includes both internal and external issues. Gravity. B) the Matrix requires at least three years worth of data. zoyamonet. Competitive Profile Matrix. Critical success factors include internal and external issues. Market Commonality. Learn. True. False. Match. External Analysis. D) the Matrix does not allow a company to be classified as somewhere in between two categories. Identifies firm 's major competitors and their strengths & weaknesses in relation to a sample firm's strategic positions.

Competitive Profile Matrix -The CPM identifies a firm's major competitors and its particular strengths and weaknesses in relation to a sample firm's strategic position.-Weights and total weighted scores have the same meaning for both the CPM and EFEM.-However, critical success factors in a CPM include both internal and external issues. Test. For the question(s) below, consider the following competitive profile matrix: Key Success Your Business Competitor 1 Competitor 2 Factors Weighted Weighted Weighted Weight Rating Score Rating Score Rating Score Quality .35 4 1.40 2 .70 1 .35 Service .20 4 .80 2 .40 2 .40 Convenience .15 2 .30 4 .60 1 .15 On-Time Delivery .20 2 .40 4 .80 2 .40 widely used strategic planning analytical tool designed to identify a firm's major competitors and its particular strengths and weaknesses in relation to a sample firm's strategic position. Current value of dollar versus euro --- E) variables such as size of market and competitive advantages are not considered in the Matrix. Spell.

Key Concepts: Terms in this set (116) Industry analysis is also referred to as external strategic management audit. Competitive Profile Matrix.