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SWOT and PESTEL analysis which is the best business tool?

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تم إضافة السؤال من قبل ROhit Singh
تاريخ النشر: 2015/11/09
muffaddal k
من قبل muffaddal k

SWOT Analysis

This is often used in the initial stages. SWOT analysis helps to focus on what the external and internal factors are: Strength,Weakness,opportunities,threats.

whereas 

 

PEST Analysis

This is a framework you can use to analyze the external environmental analysis. The process entails learning about various external factors which affect the organization: Political,Social,economic,technological etc.

 

both are emerging technologies in their area :-)

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