PESTLE ANALYSIS FOOD INDUSTRY

As written by Malenbaum (1971), it is not surprising therefore that the conclusions on the public-private interplay in Indian economic life correspond with Nayar’s. Mostly business in politics is a record conflict. There are temporary adaptations but these are scarcely additive in their influence. They sum to limited achievement toward an

Social factors are things that affect lifestyle, such as religion, family or wealth. These can change over time. Nando’s needs to be aware of these changes to make foods that meet the needs of consumers.

The segment of the general environment that ranks the highest between the global and socio-cultural considerations is the socio-cultural. The reason being that McDonald’s represents a very strong aspect of the American culture and a major part of the American culture is the food industry. The food industry, in terms of American food consists of a good old- fashioned hamburger, French Fries, and soda and McDonald’s mastered this concept of American food to perfection. On the other hand the global segment especially in

PESTEL is the acronym for political, economic, sociocultural, technological, ecological and legal, and theses are external forces at the macro legal divided into six segments. These forces embedded in the global environment can create both opportunities and threat, so managers must monitor them closely. Managers must be aware of changes, like new competitors entering their market, in order to stay competitive in the business environment/marketplace.

However, this lack of governance is not just seen as disadvantage for India. India is amongst the top 40 nations to have been involved in the highest number of business regulation reforms in the last five years (Innovasjonnorge, n.d.). Reform has eased business operations in India as the mainly concern the introduction of new technology. These technological improvements have led India to be highly industrialised, rather than agriculturally based like in the past. For instance, India is now the world’s biggest manufacturer of small cars (Innovasjonnorge, n.d.).

The food of the United States reflects the country’s history through its strong cultural influences. The colonization of the United States caused the introduction of many meals and cooking styles to the regions in America (Hanson). These styles have continued to expand into the 19th and 20th centuries because of the continuous amounts of immigrants that have come to the United States from various countries. American cuisine has always been changing, absorbing all of the new influences from other cultures as all of the new immigrants arrived, married and fused their traditions (Carter). There is a wide variety of foods available in the United States that is influenced by the English, Native American, Dutch, Italian, German, Asian, and Irish

Socio-Cultural environment shows that society is gearing towards more natural and organic food and becoming health conscious. More people are having homemade food from savings perspective.

The stock ticker sample for Whole Foods the company is WFM, which is the abbreviation of the full company name, Whole Foods Market. The stock ticker WFM is recognized by the National Association of Securities Dealers Automated Quotations or NASDAQ. Whole Foods Market’s NAICS code is 445110 which determines the company is involved within the supermarkets, and grocery store market (except for convenience stores). The Whole Foods company is listed within the grocery store industry (Yahoo Finance, 2016). This means that the Whole Foods company, while still being an organic product brand, operates in the form of pre-existing retailers and competitors. Whole Foods tries to compete within its industry by offering a wide, specialized selection of natural or organic foods and products to its customers (Sharma, 2015).

There are many different opportunities for these three firms to increase their growth in this very competitive marketplace.

Culture could affect someone's food choices because if the way of life in the group of people you live with, say you and your family lived out in a homestead. You would probably hunt and raise a lot of you food but if you lived in the city there is a pretty good chance you would go to the store to get you food. Another part of culture is the output and growth of your country, if it produces a lot of a lot of steak, steak would probably be a very common food in your household/community.

There are several specific aspects of the political environment, such as the principle of “indigenous availability”. Which was very difficult to trade and also establish the rules and the regulation. Secondly, it was forbidden the use of foreign brands in India.

Canada is one of the mightiest countries in the world due to its many unique characters. In the context of economy Canada is a leading competitor for many other giants in the world. As country there are many things to boast about Canada. Natural resources, healthcare, arts, music, and many more made Canada very much popular among other nations. This report discusses and analyse the political, economic and legal characteristics of Canada and its effect on doing business there in briefly.

According to the United Nations Development Programme’s Human Development Report 2011, the country was ranked sixth out of 187 countries, with a Human Development Index value of 0.908. On the income Gini coefficient, which ranges from zero (perfect equality) to 100 (perfect inequality), Canada scored 32.1 in 2005. However, the favorable government policy toward immigrants may become a socially contentious issue. In November 2010, the government announced that it would welcome between 240,000 and 265,000 new permanent residents under its 2011 immigration plan. High unemployment and a liberal immigration policy will continue to create tensions in the country.

Changing the way energy in buildings is monitored, controlled and consumed can bring down CO2 emissions and reduce costs (Faucheux & Nicolaï, 2011) .

PESTLE Analysis on United States help us to identify the systematic inputs to analyze the country performance in terms of Political Economic, Social, Technological, Legal and Environmental aspects and determine the objectives to make business decision and also it provide a view to forecast the business need for present and future perspectives. Each factors helps us to identify the current strength challenges and future benefits.