Fill In The Table In Templatesa Exh 1: The Table Has Five Co
Fill In The Table Intemplatesa Exh 1 The Table Has Five Columns Exter
Fill in the table in TemplateSA-EXH 1- The table has five columns: External Factors, Weight, Rating, Weighted Score, and Comments. Use short names for the factors but flesh them out in the comments so they make sense when you approach them later. Use the template for Exhibit 1 - EFAS. Ensure that your format displays correctly and is readable. Do NOT copy from the text or from the Template EFAS text! Use your own critical analysis and critical thinking. The template is provided to assist you with the layout-- i.e., make it easy for you to construct the chart. The template also gives you a good idea of the appropriate explanations required in the Comments blocks about why an SF, potential quantified impact, how weighted, and how rated. Comments are expected to be 4-5 sentences in length and depth and should offer a clear explanation of the strategic factor (SF) in four aspects: why it is a strategic factor (SF), a quantified estimate of the potential impact (QPI), how the weight was assigned, and how the rating was determined. Keep the 4-5 sentences in order for clarity and ease of understanding.
The recommended order is: Why SF comments; QPI comments; Weight comments; and finally Rating comments. For the Why SF, explain WHY you selected this SF, WHY it is important to Amazon, and WHAT the potential impact on Amazon in the future. For the QPI comments, estimate the potential impact on Amazon in the future in a quantitative manner using some metrics: sales, revenues, costs, market share, profits, logistics pipeline, CSI, etc. Express the quantitative potential impact (QPI) in Dollars $$. If you express the potential impact in $$, that makes each strategic factor comparable against the other strategic factors.
Expressing the impact in sales makes them even more easily comparable. Make sure you are making significant estimates based on the size of Amazon based on annual revenue values in your 5-year financials. Develop this estimate thoroughly. The monetary value of the QPI is useful to compare the strategic factors and rank them in relevance.
Do not develop future actions or alternatives here in the EFAS about how a firm may or should take action on a particular SF. The brainstorming development of those alternative actions comes with the TOWS Analysis that will follow in future work. HINT: To focus your thinking on addressing “why” you selected each SF and “why it is important,” start your “why select/important” sentence with words like “I selected this SF because...” or “This SF is important because…” and clearly state why that particular SF is important for Amazon and what the potential future impact is. HINT: To focus your thinking on addressing the quantifiable potential impact (QPI) in the future of each SF, include words like “potential impact of $____” or “potential increases to ____ are $____ per year” or “reduction in sales by $____ per year.” Always state the potential impact in dollars so you can compare the impacts of your various SFs.
Regarding the assignment of weights and ratings: To assign weights, explain the importance of the SF to the firm’s future survival, and whether it is vital or of low importance on a scale of 1 to 0. State the impact of the SF on Amazon’s survival. The SF with the biggest impact is considered the “Big Dog.” Make a logical explanation as to why the weight is what it is, comparing potential impacts from the “Why” analysis above. The bigger the impact, the larger the weight; the weights should sum to 1.0. HINT: To justify the weight, include the keyword “survival” to highlight the importance. For ratings, evaluate how well Amazon is handling each specific external SF RIGHT NOW, not in the past or future, but at present. Use a scale of 1–5, where 1 is poor and 5 is outstanding, and compare it to the industry standard rating of 3. Provide an explanation for your rating, indicating whether Amazon handles it well, is average, or handles it poorly. Use the scale descriptions (“low,” “average,” “above average,” “high,” etc.) in your sentence.