This assignment aims at ensuring that students have familiarisedthemselves with the foundational strategy development models andare able to relate them to current practical business examples. .Details Write an essay explaining what the main strategydevelopment tools are and how they are used in business in 1500words. Your essay must contain a comprehensive discussion of 3 ofthe following: PESTEL, Five Forces, Resource-Based View, PROFIT,Input/Output, SWOT Analysis (you may include Cross ImpactAnalysis), Generic Strategies, Ansoff, Ghemawat, with reference toacademic journals and practical examples from industry.