Notes

EFE Matrix for CD-R KING:

Opportunities:

a. Growing Electronics Market: The electronics market in the Philippines has been growing, offering CD-R KING an opportunity to expand its product offerings.

b. E-commerce Growth: The rise of e-commerce provides opportunities for CD-R KING to reach a broader customer base and reduce its reliance on physical stores.

c. Partnerships and Alliances: Collaborations with other electronics manufacturers or retailers could open new distribution channels and increase market share.

d. Rising Tech Enthusiast Community: An increase in tech-savvy consumers creates a niche market for CD-R KING's products.

e. International Expansion: Exploring international markets could be an avenue for growth and diversification.

Threats:

a. Competition: Intense competition from both local and international electronics retailers and e-commerce platforms can threaten CD-R KING's market share.

b. Changing Consumer Preferences: Consumer preferences are continually evolving, and CD-R KING may struggle to adapt quickly to these changes.

c. Counterfeit Products: The presence of counterfeit or low-quality products in the market can damage CD-R KING's reputation.

d. Regulatory Challenges: Changing government regulations and trade policies may affect CD-R KING's operations and import/export activities.

e. Economic Downturn: Economic downturns can result in reduced consumer spending on electronics and gadgets.

The EFE matrix is typically scored on a scale of 1 to 4 (1 being low, 4 being high) and then weighted to reflect their relative importance. Weighting depends on the organization's strategy and priorities. After scoring and weighting, the EFE score is calculated. The total score can help determine the company's overall ability to respond to external opportunities and threats.

Please note that the effectiveness of the EFE matrix depends on the accuracy of the data and the ability to predict and assess external factors. It's essential to conduct regular updates and analysis to reflect changes in the business environment. Since the information provided here is based on data up to September 2021, it may not fully represent CD-R KING's current situation.