Which of the following management tools is usually done first to determine the external opportunities and threats that affect a firm?
A. Porter's five forces analysis
B. PESTEL analysis
C. VRIO framework
D. Ansoff's matrix
Answer: PESTEL analysis
Which of the following management tools is usually done first to determine the external opportunities and threats that affect a firm?
A. Porter's five forces analysis
B. PESTEL analysis
C. VRIO framework
D. Ansoff's matrix
Answer: PESTEL analysis