Some alternative strategies to SWOT analysis include PESTEL analysis, Porter's Five Forces analysis, and Value Chain analysis. PESTEL analysis considers Political, Economic, Social, Technological, Environmental, and Legal factors. Porter's Five Forces analysis looks at the competitive environment and includes factors such as supplier power, buyer power, competitive rivalry, threat of substitution, and threat of new entry. Value Chain analysis focuses on the activities within an organization that create value for its customers.
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