Construct an External and Internal Factor Evaluation (EFE)Ma...

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Construct an External and Internal Factor Evaluation (EFE)Matrix for H...

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Internal factor evaluation matrix IFE matrix It is a strategic management tool to audit and evaluates internal factors like the strengths and weaknesses of a hospital It provides a basic understanding of the evaluation of the relationship among different operational areas of the hospital An example of the IFE matrix factor is the SWOT analysis Five steps are followed to develop an IFE matrix Steps are as follows Critical internal factors An internal audit should be conducted to address both the strengths and weaknesses in the hospital for example cultural connection with patients innovative healthcare technology or staffing issues and vulnerability issues Two different lists should be made for strengths and weaknesses consisting of around 1020 factors in each list All weigh to 000 to 100 Weights All the factors should be numbered from 000 to 100 according to their strengths and weaknesses The most crucial factor will get 10 followed by other factors that will be lesser than 10 Rating All the 10 rating factors should be numbered again from 1 to 4 according to their weight of strength and weakness ....

Construct an External and Internal Factor Evaluation (EFE) Matrix for Hospital

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Construct an External and Internal Factor Evaluation (EFE)Matrix for Hospital

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