The analysis used to measure the position of company in the market is done by using PESTLE analysis, given in Exhibition A. Service Factory works under the guidelines and policies directed by federal government and food authority. The company is more focused on its products and services to make sure about the item quality and security. This analysis will help in comprehending environment of external market in the international food and drink industries. (Parera, 2017).
Political.
The political effect on the business is considerably affected by the federal government laws and regulations. In efforts to make good food, Service Factory is altering the standards of food and drink production.
Economic.
Initiation of business where the capital earnings of each individual matters for the increased net sale as this differs country-to-country. The economy of the Service Factory Business in U.S. is growing year by year with variable items launch especially focusing on the dietary food for infants.
Social.
The social environment keeps changing with regard to time like the attitude of the consumer in addition to their way of lives. Any service or product of any business can not achieve success up until the business is not worried about the living system of the consumer. Service Factory is taking steps to meet its goals as the world is in search of healthy and yummy food.
Technological.
In the development of service, strategic procedures are rather mandatory. Service Factory is among the top famous multinational firm and by time it buys various departments to take its products to new level. Service Factory is spending more on its R&D to make its products healthier and healthy supplying consumers with health advantages.
Legal.
There is no such effect of legal aspects of Service Factory as it is more worried over its laws and policies.
Environmental.
Service Factory, in regards to environmental effect is devoted to operate in environment-friendly environment with preservation of the natural resources and energy. As due to the production of bigger number of products there might be a threat if the resources used are recyclable or not.
Exhibit A: PESTEL Analysis
