There are two main studies that show how a corporation, or in this case an individual, has reached success at the same time that it can avoid major blunders. These analyses are known as External factors analysis summary (EFAS) and internal factors analysis summary (IFAS).
The case of Oprah Winfrey: the story of an entrepreneur is filled with information that can be used in either study. The EFAS shows both opportunities and threats that have affected Oprah Winfrey throughout her career. The EFAS can be described as outside influences that affect the outcome of the individual. The following table illustrates such factors for Oprah in her career.
Table 1.
EXTERNAL FACTOR ANALYSIS
SUMMARY (EFAS)
External Strategic Factors:
(Opportunities/Threats) Weight Rating Weighted Score
Opportunities:
Raised by grandmother
Current financial stability
Development in different medias
Rea ...