Saturday, December 21, 2019

Whole Foods Pestel Analysis - 994 Words

Whole Foods PESTEL analysis Grocery stores are the traditional destination for consumers looking to find many day to day items. The need of shoppers to continuously refill and restock their kitchens. Consumers usually have a wide range of grocers to choose from. They can choose from neighborhood supermarkets, as well as large retail chains and discount stores. The PESTEL analysis is a tool used to analyze the external environment of an organization. By using the PESTEL framework we can analyze the many different factors in a firm s macro environment. However, it is important not to just list PESTEL factors because this does not in itself tell very much. We need to think about which factors are most likely to change and which†¦show more content†¦There is only so much these companies can do regarding technological innovations. Whole Foods is emerging new Internet capabilities that includes online shopping services. They have also established new communication facilities which focus on the distri bution and retail and products and goods. Whole has advanced in new technologies for processing goods, as well as new technologies is harvesting higher quality vegetables and fish. Whole Foods is one of the leading companies in promoting and practicing environmental actions. Recently the company was ranked third on the EPA s top 25 green power partners. in 2004-2005, the company was the EPA green power award, which is given to a company who is trying to significantly advance the development of green power sources.The company was lined up to purchase massive amounts of wind energy credits with the hope of trying to reduce carbon dioxide emissions. recently, Whole Foods became the only fortune 500 company to offset all of its energy costs with wind power credits. The company was also listed as the 2nd highest purchaser of green power nationwide.The company has had concerns about minimizing over fishing and damaging fishing practices, as well as recycling and energy conservation. Whole Foods legal obligations are different than regular grocery stores. They need to comply by not only FDA regulations, employment laws, environmental laws and health and saftey laws, butShow MoreRelatedCoca Col The Best Global Brand1573 Words   |  7 Pageslesser people buying their product as they look for a cheaper alternative. See appendix 2 for swot analysis grid. PESTEL 2013 A PESTEL analysis is a a framework in â€Å"strategic management to group macro environmental factors to help strategists look for sources of general opportunities and risk† (Witcher, B J Chau, V S, 2014, p92). See Appendix 3 for PESTEL Analysis diagram. Here is a PESTEL analysis can be applied to the Coca Cola annual report of 2013. 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