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Tool | Benefits |
---|---|
SWOT Analysis | Helps in identifying strengths, weaknesses, opportunities, and threats of a business |
PESTLE Analysis | Examines political, economic, social, technological, legal, and environmental factors affecting a business |
Porter's Five Forces | Analyzes competitive forces in an industry |
Root Cause Analysis | Identifies underlying causes of problems in a business |
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Source: Data compiled from industry reports and research studies.