The analysis used to determine the position of company in the market is done by utilizing PESTLE analysis, provided in Exhibition A. Enman Oil Inc B works under the rules and policies directed by federal government and food authority. The business is more focused on its products and services to make sure about the item quality and security.
Political.
The political effect on the business is significantly influenced by the government laws and policies. The company needs to meet its requirements offered by federal government otherwise it has to pay fine. Enman Oil Inc B is significantly supported by Government to satisfy all the criteria of standards like acts of health and safety. In efforts to manufacture excellent food, Enman Oil Inc B is altering the requirements of food and drink production. This may trigger the violation of governmental guidelines and policies.
Economic.
Initiation of business where the capital income of each individual matters for the increased net sale as this differs country-to-country. The economy of the Enman Oil Inc B Business in U.S. is growing year by year with variable products launch particularly concentrating on the dietary food for infants.
Social.
The social environment keeps changing with respect to time like the attitude of the consumer along with 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 customer. Enman Oil Inc B is taking procedures to satisfy its goals as the world is in search of healthy and tasty food.
Technological.
In the development of organisation, strategic procedures are somewhat mandatory. Enman Oil Inc B is one of the leading famous international firm and by time it purchases various departments to take its products to new level. Enman Oil Inc B is spending more on its R&D to make its items much healthier and healthy supplying customers with health benefits.
Legal.
There is no such effect of legal aspects of Enman Oil Inc B as it is more concerned over its laws and guidelines.
Environmental.
Enman Oil Inc B, in regards to environmental impact is dedicated to operate 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 threat if the resources used are recyclable or not.
Exhibit A: PESTEL Analysis
