Business Homework Solutions
Problem
#48799

EFAS & IFAS Tables

Could you provide some assistance with this question?  I am a little confused.

Develop an EFAS (External Factors Analysis Summary) Table and an IFAS (Internal Factors Analysis Summary) Table for "The Vermont Teddy Bear Co., Inc.".  Each table should be accompanied by a description of both your environmental and internal scanning process including the factors you considered and why.

Necessary information is anything regarding VTB that is available on the web.


Solution Summary

The solution explains how to conduct a step by step scan of the external environment of any firm. The problem takes the case of Vermont Teddy Bear and conducts the external environment scan. It includes market analysis, competitive analysis, supplier analysis, community analysis, proximity matrix, and porter’s factors of competition.

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