The analysis used to measure the position of company in the market is done by using PESTLE analysis, provided in Exhibit A. Student Plays Fantasy Hockey B works under the guidelines and regulations directed by federal government and food authority. The business 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 significantly influenced by the government laws and regulations. The business needs to fulfill its requirements supplied by government otherwise it has to pay fine. Student Plays Fantasy Hockey B is significantly supported by Federal government to meet all the requirements of standards like acts of health and wellness. In efforts to make good food, Student Plays Fantasy Hockey B is altering the standards of food and beverage manufacturing. This might trigger the violation of governmental guidelines and policies.
Economic.
Initiation of the business where the capital income of each private matters for the increased net sale as this differs country-to-country. The economy of the Student Plays Fantasy Hockey B Business in U.S. is growing year by year with variable products launch especially concentrating on the dietary food for infants.
Social.
The social environment keeps changing with regard to time like the attitude of the consumer as well as their way of lives. Any service or product of any company can not be successful up until the company is not concerned about the living system of the customer. Student Plays Fantasy Hockey B is taking measures to satisfy its objectives as the world is in search of healthy and yummy food.
Technological.
In the advancement of company, strategic steps are somewhat necessary. Student Plays Fantasy Hockey B is one of the top popular international company and by time it buys various departments to take its products to new level. Student Plays Fantasy Hockey B is spending more on its R&D to make its products healthier and healthy supplying consumers with health benefits.
Legal.
There is no such effect of legal aspects of Student Plays Fantasy Hockey B as it is more worried over its laws and guidelines.
Environmental.
Student Plays Fantasy Hockey B, in terms of ecological effect is devoted to work in environment-friendly environment with conservation of the natural deposits and energy. As due to the production of larger number of items there may be a danger if the resources used are recyclable or not.
Exhibit A: PESTEL Analysis
