The analysis utilized to determine the position of business in the market is done by using PESTLE analysis, given up Exhibition A. Dream Big Academy Charter School B works under the guidelines and policies directed by federal government and food authority. The business is more focused on its product or services to ensure about the item quality and safety. This analysis will help in comprehending environment of external market in the global food and beverage industries. (Parera, 2017).
Political.
The political effect on the company is greatly affected by the federal government laws and regulations. In efforts to produce excellent food, Dream Big Academy Charter School B is changing the requirements 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 Dream Big Academy Charter School B Company in U.S. is growing year by year with variable products launch particularly concentrating on the dietary food for infants.
Social.
The social environment continues altering with regard to time like the attitude of the customer along with their lifestyles. Any product or service of any business can not be successful up until the company is not worried about the living system of the customer. Dream Big Academy Charter School B is taking steps to meet its objectives as the world is in search of healthy and yummy food.
Technological.
In the advancement of company, strategic procedures are rather mandatory. Dream Big Academy Charter School B is one of the top famous international company and by time it invests in different departments to take its items to brand-new level. Dream Big Academy Charter School B is spending more on its R&D to make its products healthier and nutritious offering consumers with health advantages.
Legal.
There is no such effect of legal factors of Dream Big Academy Charter School B as it is more concerned over its laws and regulations.
Environmental.
Dream Big Academy Charter School B, in terms of environmental effect is committed to work in eco-friendly environment with preservation of the natural resources and energy. As due to the production of bigger number of products there might be a danger if the resources utilized are recyclable or not.
Exhibit A: PESTEL Analysis
