INTRODUCTION This is essential for business entities to take suitable decisions actions. For this purpose macro and micro environmentanalysisiscrucial.Thispowerpoint presentationcoversdetailedinformationregardsto swot and pestle analysis in order to help in decision making.
TABLE OF CONTENT INTRODUCTION REASON TO USE SWOT & PESTLE ANALYSIS ROLE OF PESTLE AND SWOT ANALYSIS FOR DECISION-MAKING CONCLUSION REFERENCES
REASON TO USE SWOT & PESTLE ANALYSIS In the current business scenario businesses can be successful if they have analysed macro and micro environmentinwhichtheyoperate.Herein,below reasontouseSWOTandPESTLEanalysisis mentioned in such manner:
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CONTINUE... Evaluation of business Helps in understanding changes Contributes in understanding pros and cons of major decisions
ROLE OF PESTLE AND SWOT ANALYSIS FOR DECISION- MAKING ImportanceofPESTLEanalysis-Thisframework contributes in an effective manner in order to take crucialdecision-making.Ithelpstomanagersby evaluatingimpactofeachaspectofmacro environment.
ROLE OF PESTLE ANALYSIS Informs about both internal and external factors Overview of current position Helps companies to understand economical aspects
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ROLE OF SWOT ANALYSIS Importance of SWOT analysis- Same as the above framework,italsocontributesinbetterdecision- making. Below its importance in context of taking suitable decision is mentioned in such manner:
CONTINUE... Helps in identifying threats and opportunities Helps in setting objectives Identify core competence
CONCLUSION On the basis of this power point presentation this can beconcludedthatswotandpestleanalysis contributesinaneffectivemannerfortaking accuratedecisions.Thereportconcludesabout reasons for which both frameworks are useful for companies.
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REFERENCES Wetherly, P., 2014.The business environment: themes and issues in a globalizing world. Oxford University Press. Wood, D. J. and Logsdon, J. M., 2017. Theorising businesscitizenship.InPerspectivesoncorporate citizenship(pp. 83-103). Routledge. Chungyalpa,W.andBora,B.,2015.Towards ConceptualizingBusinessStrategies.International Journal of Multidisciplinary Approach & Studies.2(1).