Thursday, April 4, 2013

"The Vermont Teddy Bear Co., Inc.: Challenges Facing a New CEO". develop both an EFAS (External Factors Analysis Summary) Table and an IFAS (Internal Factors Analysis Summary Table).

External Factors

*Larger manufacturing expertness

*Bear Grams

*Retail stores

*Distribution Methods

*Disney /Patents, Trademarks, and licenses

*Competitors (chocolates, flowers, and greeting cards)

* teentsy Village Teddy Bear Common

*Production and Service

*Made in America

Planning for the future of Vermont Teddy Bear Co. Inc it is important that we consider conditions/trends in the internal environment of the company that may impact the future success of the company. These factors (conditions/trends) involve financial resources, human resources, the quality of products and serve provided, the efficiency of internal processes, student and s landholder satisf deed, and the company culture. Specification of these factors exit allow us to: 1) identify their potential impact on the market; 2) assess the probability that they will continue; 3) categorize them as strengths or challenges; 4) rank them in terms of impressiveness; and 5) develop plans to take advantage of the strengths and respond to the challenges.

The External factors

Larger manufacturing facility will enable the company to produce bears in book and to enter into larger sales agreements with sell establishments. Bear Grams was the fence the company became successful. They tried to change their way of doing business by relying on retail sales. Retail stores are needed to be in the consumer minds but this strategy failed. The company needs to last out focused on Bear Grams. The Vermont Bear Co.

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needs to go forward consistent on it Distribution Methods by staying with the delivery service, and retail stores and producing new way to distribute by using the internet. Walt Disney was infringing on its trademark by say Pooh-Grams. This was very similar to Bear-Grams in name and logo. Vermont Teddy entered into an agreement to resolve its dispute with Walt Disney. This action protected Vermont Teddy from infringement and also showed other companies that they would take any action...

EFAS/IFAS not analyzed - no weight rating, and so forth No conclusion!! Ending with all the ??? marks. May be try to teach the readrs what very generic balance score card government agency by copying the taught from some text book.

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