The analysis utilized to determine the position of business in the market is done by using PESTLE analysis, given in Exhibit A. Loblaw Companies Limited Acquiring Shoppers Drug Mart works under the guidelines and guidelines directed by government and food authority. The company is more focused on its products and services to ensure about the product quality and security. This analysis will help in understanding environment of external market in the worldwide food and beverage markets. (Parera, 2017).
Political.
The political influence on the business is greatly affected by the public law and policies. The company has to fulfill its requirements provided by federal government otherwise it has to pay fine. Loblaw Companies Limited Acquiring Shoppers Drug Mart is significantly supported by Government to satisfy all the criteria of requirements like acts of health and safety. In efforts to produce good food, Loblaw Companies Limited Acquiring Shoppers Drug Mart is altering the standards of food and drink production. This may cause the offense of governmental guidelines and guidelines.
Economic.
Initiation of business where the capital income of each private matters for the increased net sale as this differs country-to-country. The economy of the Loblaw Companies Limited Acquiring Shoppers Drug Mart 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 altering with respect to time like the mindset of the customer along with their lifestyles. Any product and services of any company can not be successful up until the business is not concerned about the living system of the consumer. Loblaw Companies Limited Acquiring Shoppers Drug Mart is taking steps to satisfy its goals as the world is in search of healthy and tasty food.
Technological.
In the development of organisation, tactical steps are rather compulsory. Loblaw Companies Limited Acquiring Shoppers Drug Mart is one of the top popular international company and by time it invests in various departments to take its products to new level. Loblaw Companies Limited Acquiring Shoppers Drug Mart is spending more on its R&D to make its products much healthier and healthy providing consumers with health advantages.
Legal.
There is no such impact of legal aspects of Loblaw Companies Limited Acquiring Shoppers Drug Mart as it is more concerned over its laws and policies.
Environmental.
Loblaw Companies Limited Acquiring Shoppers Drug Mart, in terms of environmental effect is devoted to work in eco-friendly environment with preservation of the natural deposits and energy. As due to the manufacturing of larger variety of products there might be a risk if the resources used are recyclable or not.
Exhibit A: PESTEL Analysis
