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Week 2 Participation 1

Week 2 Participation 1

Q What is an EFE matrix?

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An EFE matrix is the External Factor Evaluation which implies that all the external audits are done for a particular company pertaining to the different strategic elements present in the SWOT matrix of a particular company. The SWOT matrix enables the global organizations and the global auditors to find out the strengths, the weaknesses, the opportunities as well as the threats related to the functioning of a company.