_________ analysis helps businesses understand how external factors may impact their operations and strategies.
- PESTLE
- Porter's Five Forces
- SWOT
- Value Chain
PESTLE analysis stands for Political, Economic, Social, Technological, Legal, and Environmental analysis. It helps businesses assess the external factors that may affect their operations and strategies. By examining these factors, businesses can identify potential risks and opportunities, allowing them to make informed decisions and adapt their strategies accordingly.
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