The analysis utilized to determine the position of business in the market is done by utilizing PESTLE analysis, given in Exhibit A. Harvard Management Co 1994 works under the guidelines and policies directed by 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 impact on the company is significantly affected by the federal government laws and guidelines. In efforts to make great food, Harvard Management Co 1994 is changing the standards of food and beverage production.
Economic.
Initiation of business where the capital income of each specific matters for the increased net sale as this differs country-to-country. The economy of the Harvard Management Co 1994 Business in U.S. is growing year by year with variable items launch specifically focusing on the nutritional food for babies.
Social.
The social environment keeps altering with respect to time like the mindset of the consumer as well as their lifestyles. Any product and services of any business can not achieve success till the company is not concerned about the living system of the consumer. Harvard Management Co 1994 is taking procedures to fulfill its objectives as the world is in search of healthy and delicious food.
Technological.
In the development of business, strategic procedures are rather necessary. Harvard Management Co 1994 is among the top popular international firm and by time it purchases different departments to take its products to new level. Harvard Management Co 1994 is investing more on its R&D to make its products healthier and healthy offering customers with health advantages.
Legal.
There is no such impact of legal elements of Harvard Management Co 1994 as it is more concerned over its laws and policies.
Environmental.
Harvard Management Co 1994, in terms of environmental effect is dedicated to work in environmentally friendly environment with conservation of the natural deposits and energy. As due to the manufacturing of bigger variety of products there may be a hazard if the resources used are recyclable or not.
Exhibit A: PESTEL Analysis
