What can Vale do to mitigate the problems the company encounters when expanding globally? PESTLE and SWOT analysis may be useful in reducing the challenges that a firm has when growing abroad. A PESTLE study reveals external elements that are primarily beyond of company's control, whereas a SWOT analysis focuses on measures that a company can do internal to their corporate environment. A SWOT analysis is a simple method for analyzing the strengths, weaknesses, opportunities, and threats that your company may face. This analysis could assist a company in strategizing and focusing on their strengths, improving their weaknesses, gaining an edge in opportunities, and mitigating any threats that may arise. A SWOT analysis is used to evaluate four aspects of a company. A. Strengths: - What do you have that sets you apart from the competition? B. Weaknesses: - Where do you need to improve or where do you need to be more competitive? C. Opportunities: - What external trends or influences might you employ to boost your company's performance? D. Threats: - What factors outside of your control could have an impact on your business? A PESTEL analysis detects and analyses important change drivers outside of companys surroundings. A PESTLE is a method of evaluating a company's goal, feature, or plan. It gives to the company an idea of how well it can beat their competitors. Outside of your company, a PESTLE examination applies to six categories: A. Political: - What influence will the present political atmosphere have on your business? Will your ability to grow be influenced by a particular political party? B. Economic: - Will interest rates or financial concerns have an impact on your business or the confidence of your customers? C. Social: - What changes in lifestyle, attitude, culture, or demographics might affect business? D. Technology: - Is it possible that new technological advancements will upset your business? Is your current IT architecture and systems working for you or against you? E. Legal: - Is it possible that new laws, rules, or policies will have an influence on your ability to sell? F. Environment: - Could climate change or pollution, for example, have an impact on your business? The SWOT or PESTLE analysis might help a company to get started on developing a plan or to start a strategy formulation. Companies must utilize a SWOT or PESTLE analysis to learn about their competitors, which will provide them with the information they need to obtain a competitive advantage. Organizations must be realistic and rigorous while doing a SWOT or PESTLE analysis