Wednesday, November 25, 2009

3.5. Internal Factors Evaluation Matrix (IFE)







Key Internal Factors

Weight
Rating
Weighted Score
Strengths
1
First Automatic Car washing equipment in the locality
0.15
4
0.6
2
Convenience
0.20
4
0.8
3
High quality services i.e. cleanliness.
0.12
3
0.36
4
Exemplary customer service.
0.05
3
0.15
5
Advertisement
0.07
3
0.21
6
Use of Generator
0.05
3
0.15
7
Recycling of water
0.02
3
0.06

Weaknesses

8
If equipment goes out of order, it will take time to be fixed.
0.1
1
0.1
9
Entering into an industry without prior experience.
0.1
2
0.2
10
Constant volume of business required for expenses.
0.07
2
0.14
11
Not easily accessible from the whole city.
0.07
1
0.07

Total

1

2.84

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