The analysis utilized to determine the position of company in the market is done by using PESTLE analysis, given in Display A. American Airlines Inc Revenue Management works under the guidelines and guidelines directed by federal government and food authority. The business is more concentrated on its services and products to make sure about the item quality and security. This analysis will help in comprehending environment of external market in the worldwide food and beverage markets. (Parera, 2017).
Political.
The political effect on the business is considerably affected by the government laws and guidelines. In efforts to produce excellent food, American Airlines Inc Revenue Management is altering the standards of food and beverage 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 American Airlines Inc Revenue Management Business in U.S. is growing year by year with variable products launch particularly focusing on the nutritional food for babies.
Social.
The social environment keeps on altering with regard to time like the attitude of the consumer along with their lifestyles. Any product or service of any business can not achieve success up until the business is not worried about the living system of the consumer. American Airlines Inc Revenue Management is taking procedures to fulfill its objectives as the world remains in search of healthy and yummy food.
Technological.
In the advancement of service, strategic measures are somewhat obligatory. American Airlines Inc Revenue Management is one of the top well-known international firm and by time it purchases different departments to take its items to brand-new level. American Airlines Inc Revenue Management is investing more on its R&D to make its items healthier and nutritious providing customers with health benefits.
Legal.
There is no such effect of legal factors of American Airlines Inc Revenue Management as it is more concerned over its laws and guidelines.
Environmental.
American Airlines Inc Revenue Management, in regards to environmental effect is devoted to operate in environmentally friendly environment with preservation of the natural resources and energy. As due to the production of larger number of items there might be a hazard if the resources utilized are recyclable or not.
Exhibit A: PESTEL Analysis
