There are many Importance of SWOT Analysis:
- SWOT Analysis helps the business to understand the conditions of the business.
- SWOT Analysis helps to the formation of a strategy.
- SWOT Analysis provide fresh data to the business.
- SWOT Analysis helps in forwarding Planning.
There are many Importance of PEST Analysis:
- PEST Analysis provides a deeper understanding of business.
- PEST Analysis provides Exploit opportunities.
- PEST analysis helps companies to prepare from threats.