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What are the internal and external factor that affect hair salon business?
Wiki User
∙ 9y ago
There are several internal and external factors that affect a hair salon business. Internal factors include the way the staff gets along with each other as well as customers. External factors consist of the location of the salon as well as the advertising put out in the community to generate business.
Wiki User
∙ 9y ago
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What is EFAS and IFAS?
EFAS and IFAS are business analysis tools. They are used for formulating strategy and would be an expansion on SWOT or a TOWS matrix. EFAS stands for External Factor Analysis Summary and IFAS is Internal Factor Analysis Summary.
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Both, for the bug to exhibit an external change (its color), there must first be an internal change that triggers the color change (its color). Thus, the internal change facilitates the external change. The predator is an external factor that causes an internal reaction (maybe it's fear) in the bug, that internal reaction then triggers an external factor which is the change in color. Just a personal opinion.
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Internal component of business enviorment consists of Resourses, Capabilities, Core Competencies and Strategic competitiveness withing any organisation.Market environment consist of all factors that in one way or another affect or affected by the organization desicion.there are external and internal factors.Internal factor , these involve (5M's)ManagementManpowermachinematerial andmoney.External factors , these includeMacro factor and micro factors.Macro factors are the one that affect the organization indirectly, these are (pestel)Politicalenviromentsocia-culturaltechnological andEcologicalleagalwhile micro factors are those which affect the organization directly it involvecustomerscompetitorssuppliers andpublic
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An internal force, in business management context, is an impacting factor on the business (be it favourable or otherwise) occuring/existing within the organization and controlling this factor is within the reach of an organization and not beyond it.
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system
What is EFAS and IFAS?
EFAS and IFAS are business analysis tools. They are used for formulating strategy and would be an expansion on SWOT or a TOWS matrix. EFAS stands for External Factor Analysis Summary and IFAS is Internal Factor Analysis Summary.
