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.
STEP Analysis: What it is and how to do it
STEP analysis is a strategic method corporations use to understand four major external environmental factors of the business landscape.
STEEPLED Analysis: What is it with Examples
STEEPLED analysis explains how eight specific macro-environmental factors can influence a product, brand, business, or location.
Best Analytical Tools for Business Analysis
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.
Difference between SWOT, PEST, STEEP and STEEPLE 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.
STEEPLE Analysis of Samsung
The STEEPLE analysis of Samsung focuses on five factors: Social, Technological, Economic, Environmental, Political, Legal, and Ethical.
How STEEP and STEEPLE Analysis Help in Business
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.