The analysis used to determine the position of company in the market is done by utilizing PESTLE analysis, given in Exhibit A. Wework works under the guidelines and guidelines directed by 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 influenced by the federal government laws and policies. In efforts to make excellent food, Wework is altering the requirements of food and drink production.
Economic.
Initiation of the business where the capital earnings of each specific matters for the increased net sale as this differs country-to-country. The economy of the Wework Business in U.S. is growing year by year with variable items launch especially focusing on the nutritional food for infants.
Social.
The social environment continues altering with respect to time like the attitude of the consumer in addition to their lifestyles. Any product and services of any company can not be successful up until the company is not concerned about the living system of the consumer. Wework is taking procedures to meet its objectives as the world is in search of healthy and delicious food.
Technological.
In the advancement of business, strategic steps are somewhat necessary. Wework is among the leading popular multinational company and by time it invests in different departments to take its items to new level. Wework is spending more on its R&D to make its items much healthier and healthy supplying customers with health benefits.
Legal.
There is no such impact of legal aspects of Wework as it is more concerned over its laws and regulations.
Environmental.
Wework, in regards to ecological effect is dedicated to work in eco-friendly environment with conservation of the natural resources and energy. As due to the manufacturing of larger number of products there may be a risk if the resources utilized are recyclable or not.
Exhibit A: PESTEL Analysis
