scanning‚ strategy formulation‚ strategy implementation and evaluation and control (Hunger and Wheelen‚ 2007). This week’s assignment‚ we will describe the EFAS and the IFAS. Explain the purpose of each tool? We will also explain if there are any weaknesses in the EFAS/IFAS classification system? External Factors Analysis Summary (EFAS)- Is a tool that business strategists use to organize the external factors into the generally accepted categories of opportunities and threats as well as to analyze
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Model. Hypothesis: To increase customer visit frequency & gain new food lovers & customers‚ Chipotle should expand its stores or open new line of multi-cuisine restaurant to serve its valued customers by maintaining its quality & standards. Analysis Plan / Solution Approach: To achieve this ‚ Chipotle should try out opening a new restaurant in different places in the country and consider inputs and values from customers who visit the stores and introduce different menus depending on taste
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Describe the EFAS and the IFAS. What is the purpose of each tool? Are there any weaknesses in the EFAS/IFAS classification system? The EFAS stands for the external factors analysis summary. The EFAS table lists the Opportunities and Threats faced by a company‚ which has five columns. In the first column the opportunities and threats of the company are listed‚ in the second column the weight assigned to each factor is mentioned. The total weights of the external factors add up to 1.0. The third
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ANALISIS IFAS DAN EFAS PT. LION WINGS A. Latar Belakang PT. Lion Wings PT. Lion Wings semula adalah perusahaan home industry bernama Fa Wings yang didirikan oleh Johannes Ferdinand Katuari (Oen Jong Khing) dan kerabatnya Harjo Sutanto (Tan Siek Miauw) pada tahun 1948. Mula-mula membangun pabrik kecil di pinggiran Surabaya dengan memproduksi sabun cuci detergen (sabun colek) dengan merek Wings yang hingga saat ini masih tetap diabadikan sebagai corporate brandnya. Sejak tahun 1971 sampai
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following case study y‚ you will ne eed to access s the internet for informa ation about t the external environm ment related d to the case e and examin ne the compa any informat tion STARBUCKS COF FFEE COM MPANY: TH INDIA DILEMM HE AN MA Starbuck in 2006 w ks was world’s largest coffe retailer w ee with over 11‚000 s stores in 36 countries an over 10‚0 nd 000 employee es. With 7‚600 s stores in t the U.S.‚ management was focu m t using on internatio onal expansio as Starbu on ucks’ primary growth opp
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EFAS of Individual Case Anlu Hu 2013/9/7 Case #5 Starbucks Coffee Company: THE INDIAN DLIEMMA External Factors | Weight | Rating | Weighted Score | Comments | Opportunities | | | | | Population | .20 | 5.0 | 1 | NO.2 Population equal big market | Cost of labor | .15 | 5.0 | .75 | Cheap labor | Availability of workforce quantity | .1 | 4.0 | .4 | Over 50% population are 15-59 years | Less coffee retail | .05 | 2.5 | .125 | Only 3 big coffee retail company | Global Retail Development
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IFAS Comments Weight score Rating Weight Internal factors Better stability and reliability- -Easy to use -Viable option for a potential consumer -Highly trusted - Government & corporate individuals 0.4 0.45 0.125 0.1 0.3 4 4.5 2.5 2.0 3.0 0.1 0.1 0.05 0.05 0.1 *Strengths: 1-Unique OS 2-QWERTY keyboard 3-Strong brand recognition 4-Highly secure mobile devices 5-Loyal customer base Ageing and archaic product - -Devices for “professionals” R & D improvement
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External Factor Analysis for Apple Inc Apple is an American organization that specializes in the conception and manufacturing of consumer electronics as well as connected software products (Breillatt 45). It operates over 300 stores in the world. The company has an employee base of about 50‚ 000.In order to understand and analyze the external environment and to know the current state of affairs and what the future holds‚ the PEST analysis method is used in this paper. Societal Environment Political
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Synthesis of External Factors—EFAS After strategic managers have scanned the societal and task environments and identified a number of likely external factors for their particular corporation‚ they may want to refine their analysis of these factors using a form such as that given in Table 3.4. The EFAS Table (External Factors Analysis Summary) is one way to organize the external factors into the generally accepted categories of opportunities and threats as well as to analyze how well
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Case Study: Apple Computer (2006) Apple Computer has always been an interesting and often exciting firm. It had been the first to make and the mass-market a personal computer with its Appl IIc. The company had been the darling of the stock market in the mid-1980s when it cemented its technological advantage through the introduction of its state-of-the-art Macintosh (MAC) personal computer. Nevertheless‚ the Microsoft Windows operating system and Office software coupled with Intel microprocessors
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