The analysis used to determine the position of company in the market is done by using PESTLE analysis, given in Exhibition A. Colgate Palmolive Co The Precision Toothbrush works under the guidelines and guidelines directed by federal government and food authority. The company is more focused on its items and services to make sure about the item quality and safety.
Political.
The political effect on the business is considerably influenced by the government laws and guidelines. The business needs to fulfill its requirements provided by federal government otherwise it has to pay fine. Colgate Palmolive Co The Precision Toothbrush is significantly supported by Government to meet all the criteria of requirements like acts of health and safety. In efforts to produce good food, Colgate Palmolive Co The Precision Toothbrush is changing the requirements of food and drink production. This may trigger the offense of governmental guidelines and regulations.
Economic.
Initiation of business where the capital income of each individual matters for the increased net sale as this varies country-to-country. The economy of the Colgate Palmolive Co The Precision Toothbrush Company in U.S. is growing year by year with variable products launch specifically concentrating on the dietary food for babies.
Social.
The social environment keeps on altering with respect to time like the attitude of the customer as well as their lifestyles. Any product and services of any company can not succeed until the company is not concerned about the living system of the customer. Colgate Palmolive Co The Precision Toothbrush is taking measures to satisfy its objectives as the world is in search of healthy and delicious food.
Technological.
In the development of service, tactical steps are somewhat necessary. Colgate Palmolive Co The Precision Toothbrush is one of the top well-known multinational company and by time it invests in various departments to take its products to brand-new level. Colgate Palmolive Co The Precision Toothbrush is investing more on its R&D to make its products healthier and nutritious providing consumers with health benefits.
Legal.
There is no such impact of legal aspects of Colgate Palmolive Co The Precision Toothbrush as it is more worried over its laws and policies.
Environmental.
Colgate Palmolive Co The Precision Toothbrush, in terms of ecological effect is dedicated to operate in environment-friendly environment with preservation of the natural deposits and energy. As due to the production of larger variety of items there might be a danger if the resources utilized are recyclable or not.
Exhibit A: PESTEL Analysis
