6. What are the principles of agile methods? 27. What are the Components of a Strong Value Proposition?

Create sustainable change – Engaged stakeholders help inform decisions and provide the support you need for long-term sustainability 

Build relationships – Create mutually beneficial relationships, build on existing relationships or foster new ones

Build a better organization – Engaging with stakeholders can bring important issues to light and encourage your organization to develop corporate social responsibility 

Increase success – Engaging influential groups (who might otherwise hold you back) and turning them into supporters and advocates can boost your chances of success

Educate – Stakeholders can be a valuable source of information for your organization, and they may learn something from you, as well

To sum it up, stakeholder engagement can help your organization (and the people around it) achieve better outcomes, whether it’s education, connection, engagement or profit.

47.What is Porter's Five Forces model and how to use one?

Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths. Five Forces analysis is frequently used to identify an industry's structure to determine corporate strategy.
Porter's model can be applied to any segment of the economy to understand the level of competition within the industry and enhance a company's long-term profitability. The Five Forces model is named after Harvard Business School professor, Michael E. Porter.

1. 
   Competition in the industry
   
2. 
   Potential of new entrants into the industry
   
3. 
   Power of suppliers
   
4. 
   Power of customers
   
5. 
   Threat of substitute products
   

4. Power of Customers

The ability that customers have to drive prices lower or their level of power is one of the Five Forces. It is affected by how many buyers or customers a company has, how significant each customer is, and how much it would cost a company to find new customers or markets for its output.
A smaller and more powerful client base means that each customer has more power to negotiate for lower prices and better deals. A company that has many, smaller, independent customers will have an easier time charging higher prices to increase profitability.
48.What is PESTEL and how to use one?

• 
  A PESTLE analysis studies the key external factors (Political, Economic, Sociological, Technological, Legal and Environmental) that influence an organisation. It can be used in a range of different scenarios, and can guide people professionals and senior managers in strategic decision-making.