The analysis used to measure the position of company in the market is done by using PESTLE analysis, provided in Exhibit A. Lucas Wang Stop Loss Strategy works under the guidelines and guidelines directed by federal government and food authority. The company is more focused on its products and services to make sure about the item quality and security.
Political.
The political impact on the company is considerably affected by the federal government laws and guidelines. In efforts to manufacture good food, Lucas Wang Stop Loss Strategy is altering the standards of food and drink manufacturing.
Economic.
Initiation of the business where the capital income of each specific matters for the increased net sale as this varies country-to-country. The economy of the Lucas Wang Stop Loss Strategy Company in U.S. is growing year by year with variable products launch particularly focusing on the nutritional food for infants.
Social.
The social environment keeps altering with respect to time like the attitude of the customer along with their lifestyles. Any product or service of any business can not be successful until the company is not concerned about the living system of the consumer. Lucas Wang Stop Loss Strategy is taking procedures to fulfill its goals as the world is in search of healthy and delicious food.
Technological.
In the advancement of organisation, tactical steps are rather mandatory. Lucas Wang Stop Loss Strategy is one of the leading popular multinational firm and by time it purchases various departments to take its items to brand-new level. Lucas Wang Stop Loss Strategy is investing more on its R&D to make its products much healthier and nutritious supplying customers with health advantages.
Legal.
There is no such impact of legal factors of Lucas Wang Stop Loss Strategy as it is more worried over its laws and guidelines.
Environmental.
Lucas Wang Stop Loss Strategy, in terms of environmental impact is devoted to operate in environment-friendly environment with conservation of the natural resources and energy. As due to the manufacturing of bigger variety of items there may be a danger if the resources utilized are recyclable or not.
Exhibit A: PESTEL Analysis
