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To investigate the business goal and its chances and threats, following methods must be followed:

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For that reason there need to be some resources and abilities in an organization which will aid the competitive advantage to organization. The 4 parts of VRIO analysis are described down below:

Pest analyses is really a broadly applied Software to research the Political, Economic, Socio-cultural, Technological, Environmental and lawful circumstances which can offer terrific and new opportunities to the business as well as these variables also can danger the business, for being perilous in long run.

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