The analysis utilized to measure the position of company in the market is done by using PESTLE analysis, offered in Exhibition A. Musimundo works under the guidelines and policies directed by federal government and food authority. The business is more focused on its products and services to make sure about the product quality and safety.
Political.
The political impact on the company is significantly affected by the government laws and guidelines. In efforts to produce great food, Musimundo is changing the standards of food and beverage manufacturing.
Economic.
Initiation of the business where the capital earnings of each individual matters for the increased net sale as this differs country-to-country. The economy of the Musimundo 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 regard to time like the mindset of the consumer in addition to their lifestyles. Any product and services of any business can not succeed until the company is not worried about the living system of the customer. Musimundo is taking measures to satisfy its objectives as the world is in search of healthy and tasty food.
Technological.
In the development of organisation, strategic steps are somewhat mandatory. Musimundo is one of the leading famous international company and by time it buys different departments to take its products to brand-new level. Musimundo is investing more on its R&D to make its items much healthier and healthy offering consumers with health advantages.
Legal.
There is no such impact of legal factors of Musimundo as it is more worried over its laws and regulations.
Environmental.
Musimundo, in terms of ecological impact is devoted to work in environmentally friendly environment with preservation of the natural deposits and energy. As due to the production of larger variety of items there may be a threat if the resources used are recyclable or not.
Exhibit A: PESTEL Analysis
