BUSINESS MANAGEMENT TOOLKIT I

It is a set of situational, planning and decision-making tools.

• SWOT analysis

• The business management toolkit

• STEEPLE Analysis

• Business plan

These assist businesses in assessing aspects of their internal and external environments.

• Situational tools

• Decision-making tools

• Planning tools

• Business management toolkit

These are tools to assist businesses in project preparation and implementation.

• Situational tools

• Decision-making tools

• Planning tools

• Business management toolkit

These assist businesses to consider various factors before deciding on a particular venture.

• Situational tools

• Decision-making tools

• Planning tools

• Business management toolkit

It considers the internal and external environments of a business.

• Ansoff Matrix

• Business plan

• STEEPLE analysis

• SWOT analysis

They refer to the internal factors that give a company a competitive advantage over others.

• Threats

• Opportunities

• Strengths

• Weaknesses

They are internal factors that hinder a company or organization's ability to perform well in its industry or market.

• Threats

• Opportunities

• Strengths

• Weaknesses

They are future events that might damage the business.

• Threats

• Opportunities

• Strengths

• Weaknesses

They are events that might benefit the business.

• Threats

• Opportunities

• Strengths

• Weaknesses

It is a way of analysing the external macro environment of a business.

• STEEPLE analysis

• SWOT analysis

• Business plan

• BCG Matrix