In today’s highly competitive business environment, it is critical for companies to assess their internal strengths and weaknesses. Internal Factor Analysis Summary (IFAS) is a popular tool company uses to analyze their internal environment. This article will provide a detailed explanation of IFAS, including what it is, how it works, and its benefits. What is IFAS? IFAS stands for Internal Factor Analysis Summary. It is a strategic management tool used to evaluate a company’s internal strengths and weaknesses. IFAS is a critical tool for companies that want to stay competitive in their industry. How does IFAS work? IFAS works by