The main purpose of SWOT analysis is to kickstart decision-making.
The main purpose of STEEPLE analysis is to examine the impact of external environment on organisation.
The main purpose of descriptive statistics is to show research findings in a “digestible” way.
The main purpose of decision tree is to quantify decision-making.
The main purpose of circular business models is to use them as a checklist for environmental sustainability.
The main purpose of a business plan is to use it as a guide for decision-making.
The main purpose of BCG matrix is to determine strategies for organisation’s products.
The main purpose of Ansoff matrix is to assess the risk of different growth strategies: market penetration, product development, market development, diversification.