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STRATEGIC MANAGEMENT Go to the Strategy Club website and review the Sample Strategic Plan for Colgate-Palmolive (2019) under the student resources section. This sample strategic plan is an example of what your completed strategic case analysis should look like at the end of the course An essential part of strategic analysis is identifying, evaluating, and selecting strategies. The Strategy-Formulation Analytical Framework assists you in this process. This framework consists of three stages and nine tools. See Chapter 6 in the David text for an explanation of this framework. Over the next few topics in the course, your CLC group will use many of these nine tools. In this assignment, you will use two of these tools by completing the following: Part 1: External Factor Evaluation (EFE) Matrix  Create an External Factor Evaluation Matrix for the CLC AMAZON by completing the following steps: Step 1: See Chapter 3 of the David text to learn how to complete an EFE Matrix. Step 2: Open your Strategic-Planning Template you started in Topic 1. Click on the EFE tab at the bottom of the template. Step 3: Complete the matrix using the external opportunities and threats you identified in the Topic 1 assignment. Make sure the factors you include are actionable, quantitative, comparative, and specific. Step 4: Use the online sources listed in Table 3-7 located in Chapter 3 of the David text to assist you with your analysis and calculations. Be sure not to include strategies as opportunities; but do include as many monetary amounts, percentages, numbers, and ratios as possible. Step 5: In 250-350 words, write a brief explanation of the findings and implications of the data identified in the EFE Matrix. See the Sample Strategic Plan for Colgate-Palmolive (2019) as an example.

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