Pestle Analysis Nestle Australia
Pestle Analysis Nestle Australia
Pestle Analysis Nestle Australia
1.
Changingregulationsurroundingfoodstandardsandmarketingactions.
2.
Governmentstabilityinnewemergingeconomiesquestionofriskaspartofthe
internationalisationprocess(Kumaretal,2013,p.205).
3.
Changingglobalregulationsstandardisedpracticeyetadaptationtodifferentpoliticalforces
(DeMooij,2013,p.61).
Economic
1.
Awarenessandknowledgeofchanginginflation,economicgrowthratesandincomelevels.
2.
Changingconsumerbudgets,riseofthecostconsciousconsumer.
3.
Risingpriceofrawmaterialgoodsinrelationtotheneedtosourcefromsustainablesuppliers
(Kumaretal,2013,p.205).
Social
1.
Changingconsumerattitudesmovetowardshealthierproductsinlinewithgovernment
initiatives(Newmanetal,2014,p.15)supportingbalanceddietsandthedangersofsugar.
2.
Changinglifestylereturnbacktohomecookingandthepromotionoffamilytimeinaworld
ofconvenience.
3.
Theneedtoadapttodifferentculturalsettingsi.e.language,religiousbeliefsandfamily
settings.
4.
Understandingofconsumerbehaviouriscrucialtoensuringapersonalapproachtomarketing.
5.
Consumersviewingthefirmasanagencyforpowerinthewiderexternalenvironment
(Eisenhardtetal,2010:1263).
Technological
1.
Riseofsocialmedia,consumersinteractingwithfirmsandbeingabletodosoacrossarange
ofplatforms.
2.
Innovationfuelledbytechnologicaldevelopments.
3.
Ecommerceasaplatformfordevelopment(Linetal,2014,p.3).
Legal
1.Changingnatureofregulation.
2.Needtoadheretoglobalregulationsandchangesacrossdifferentinternationalmarkets(Schafferet
al,2014,p.12).
Environmental
1.
Increasedattentiondirectedtowardscorporatesocialresponsibility(ServaesandTamayo,
2013,p.1045).
2.
Environmentalconcernsfromconsumersincludingconcernsoverpackaging/recycling
(Dubois,2012,p.36).
Khamis, S 2009, '"It Only Takes a Jiffy to Make": Nestl, Australia and the Convenience
of Instant Coffee', Food, Culture and Society: An International Journal of Multidisciplinary
Research, vol. 12, no. 2, pp. 217-233.
Reference
Khamis, S 2009, '"It Only Takes a Jiffy to Make": Nestl, Australia and the Convenience
of Instant Coffee', Food, Culture and Society: An International Journal of Multidisciplinary
Research, vol. 12, no. 2, pp. 217-233.
De Mooij (2013) Global marketing and advertising: understanding cultural paradoxes.
London: SAGE publications
Eisenhardt, K. M., & Martin, J. A. (2000). Dynamic capabilities: what are they?. Strategic
management journal, vol. 21(10-11), pp.1105-1121