Best analytical tools for Business Analysis include SWOT, PEST, MOST, Heptalysis, de Bono’s Six Thinking Hats, CATWOE, Five Whys, MoSCoW, SCRS and VPEC-T.
What is environmental analysis in simple words? Learn about its different types and get an idea of how you can conduct this type of business analysis.
Beginning by performing a SWOT analysis, business owners can learn more about the firm’s external factors by doing PEST, STEEP and STEEPLE analysis.
The STEEPLE analysis of Samsung focuses on five factors: Social, Technological, Economic, Environmental, Political, Legal, and Ethical.
Explore how STEEPLE analysis is different from STEEP analysis. In the end, you will have to find answers to two more questions during the business analysis.