Find out the differences between internal and external analysis and how you can use SWOT and PESTLE models to accomplish both.
An internal analysis uses data collected from specific departments within a company to create more significant results.
An internal analysis examines strengths and weaknesses highlighting three factors: an organization’s competency, resources, and competitive advantage.
VRIO analysis is a strategic planning tool for efficient decision making. VRIO refers to 4 criteria firms consider: Value, Rarity, Imitability,Organization.