Which analysis helps identify both internal and external factors affecting a business?

SWOT analysis is a strategic planning tool that stands for strengths, weaknesses, opportunities, and threats. It is designed to identify and evaluate both internal and external factors that can impact a business's performance.

The internal factors represented in the analysis are the strengths and weaknesses, which are aspects that exist within the organization. Strengths might include competitive advantages, unique resources, or operational efficiencies, while weaknesses could highlight areas needing improvement, such as skills gaps or resource limitations.

External factors are represented by opportunities and threats, which come from the surrounding environment. Opportunities may include market trends, emerging technologies, or favorable regulations that can benefit the business, while threats might encompass competition, market downturns, or legal challenges.

This comprehensive view provided by a SWOT analysis allows businesses to strategically position themselves to leverage their strengths, mitigate weaknesses, seize opportunities, and defend against threats.

In contrast, the other analyses listed focus more narrowly on specific financial or market conditions, without providing the broader strategic context that a SWOT analysis does.