The analysis utilized to measure the position of company in the market is done by utilizing PESTLE analysis, provided in Display A. Paint Pen Inc works under the guidelines and policies directed by federal government and food authority. The business is more focused on its items and services to make sure about the product quality and safety.
Political.
The political effect on the company is considerably influenced by the federal government laws and guidelines. In efforts to make great food, Paint Pen Inc is altering the standards of food and drink production.
Economic.
Initiation of the business where the capital earnings of each specific matters for the increased net sale as this varies country-to-country. The economy of the Paint Pen Inc Company in U.S. is growing year by year with variable products launch particularly focusing on the dietary food for infants.
Social.
The social environment keeps changing with regard to time like the attitude of the customer along with their lifestyles. Any services or product of any company can not be successful up until the business is not worried about the living system of the customer. Paint Pen Inc is taking measures to satisfy its goals as the world remains in search of healthy and yummy food.
Technological.
In the advancement of company, tactical measures are rather necessary. Paint Pen Inc is among the top well-known international firm and by time it purchases various departments to take its products to new level. Paint Pen Inc is spending more on its R&D to make its products much healthier and healthy providing consumers with health benefits.
Legal.
There is no such impact of legal aspects of Paint Pen Inc as it is more worried over its laws and policies.
Environmental.
Paint Pen Inc, in regards to environmental effect is dedicated to work in environment-friendly environment with conservation of the natural resources and energy. As due to the production of larger number of products there might be a danger if the resources used are recyclable or not.
Exhibit A: PESTEL Analysis
