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Chevron Research: IFAS EFAS

Research Chevron (

Using your research findings from the Library and the Internet, develop both an EFAS (External Factors Analysis Summary) table and an IFAS (Internal Factors Analysis Summary) table.

The description of both your environmental and internal scanning process, including what factors you considered and why will be in your MS Word file.

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The response addresses the queries posted in 1335 words with references.

//Before writing about any business, we have to first understand about the business and its scope. We should know in what kind of industry this business is functioning and what is the background of the company. So, firstly we will write about the business under the heading of Introduction, for example: //

Company Overview

Chevron was found in Pico Canyon, Los Angeles in 1879 with the name of Pacific Coast Oil Co. Later it was renamed to Standard Oil Company of California. The company was known as Chevron after the acquisition of Gulf Oil Corporation in 1984. This merger was the largest merger till that time in the history of the United States and it doubled the oil and gas reserves of the company. Chevron merged with Texaco in 2001 & formed a new company named ChevronTexaco. Texaco was one of the branches of Chevron family. It was formed in 1901 in Beaumont, Texas. To convey a unified presence in the world, it was again renamed to Chevron in 2005. Chevron strengthened its position by acquiring Unocal Corporation in 2005. This acquisition assisted the Chevron in becoming an energy leader by enhancing oil and natural gas assets around the world.

Chevron's headquarter is in San Ramon, California. It is operating business in more than 115 countries. Chevron is involved in exploration & production, manufacturing, marketing & transportation, chemical manufacturing and sales, geothermal and power generation of oil and natural gas. It invests in renewable and advanced technologies too. Chevron is having diversity in its workforce. It has 59,000 highly skilled employees from all over the world and approximately 5,800 service station employees (Company Profile, 2008).

Chevron, with its employees, is committed to community development and environment protection, wherever it operates. By the end of 2007, Chevron had a worldwide refining capacity of more than 2 million barrel oil per day. It produced 2.62 million barrel oil per day in 2007. Approximately 70% of production comes from more than 20 countries outside from the United States. With this, there are 15 power generating facilities in the United States and Asia in which Chevron has invested. Chevron uses new technologies to increase its growth chances in developing hydrogen fuel, bio fuel, and ...

Solution Summary

The response addresses the queries posted in 1214 Words and excel file, APA References