Business Model Canvas
The Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models.
It is a visual chart with elements describing a firm’s or product’s value proposition, infrastructure, customers, and finances.
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SWOT Analysis
SWOT is an acronym used to describe the particular Strengths, Weaknesses, Opportunities, and Threats that are strategic factors for a specific company or target sector.
A SWOT should represent an organisation’s core competencies while also identifying opportunities it cannot currently use to its advantage due to a gap in resources.
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PESTLE Analysis
PESTLE Analysis is an analytical tool for strategic business planning. It is a strategic framework for understanding external influences on a business.
There are six elements to a PESTLE analysis: Political, Economic, Sociological, Technological, Legal, and Environmental.
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Porter’s 5 Forces
Porter’s Five Forces Framework is a tool for analyzing competition of a business. It draws from industrial organization (IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness (or lack of it) of an industry in terms of its profitability.
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