Pestle analysis for singapore supermarket

They operate approximately 4, stores in 14 countries around the world. According to Datamonitorthe commercial network portfolio of Tesco comprises: Tesco also provides online retailing services through their website tesco.

Pestle analysis for singapore supermarket

Whole Foods Market now has more than 70, employees in more than locations in the U. Regulations on organic and GMO food opportunity Free trade agreements opportunity Low labor standards in developing countries opportunity Whole Foods Market has the opportunity to further improve its standards to ensure proper labeling of organic and GMO-free products.

The firm also has the opportunity to expand its business based on advantages of free trade agreements, such as through new locations overseas. In addition, Whole Foods Market can capitalize on its Whole Trade Guarantee to build its brand and attract more customers.

The Whole Trade Guarantee certifies suppliers based on criteria like fair labor and employment practices. Economic stability opportunity Higher employment rate in the U.

The rising labor costs lead to higher supply costs and higher selling prices at Whole Foods Market stores. Increasing emphasis on healthy lifestyles opportunity Increasing cultural diversity opportunity Increasing wealth gap threat Whole Foods Market has the opportunity to grow based on high quality organic products that satisfy the healthy lifestyles trend.

The company also has the opportunity to offer a more diverse product mix to match the rising cultural diversity of its target consumers. Nonetheless, this factor also presents an opportunity to reduce or eliminate GMO-containing products in Whole Foods Market stores. On the other hand, the firm has opportunities to further improve its performance in waste disposal and sustainability.

The Whole Trade Guarantee evaluates suppliers based on fair labor practices. The firm has used acquisitions as a major expansion strategy. However, there are some notable threats, such as global warming and rising labor costs in developing countries.

Economic Factors

Whole Foods Market can further expand and diversify its supply chain to address the threat of rising labor costs in developing countries, the threat of global warming, and the threat of the patenting of GMOs. Also, Whole Foods Market can adjust its pricing strategy to address the threat of the rising wealth gap.

Pestle analysis for singapore supermarket

Moreover, the firm can build new stores and expand overseas to address the threat of antitrust law in the U. Housing Industry Association A PESTLE analysis, sometimes referred to as a PEST Analysis, is a useful tool for understanding the industry situation as a whole, and is often used in conjunction with a SWOT analysis to assess the situation of an individual business.

A PESTLE analysis is therefore vital to the development and the success of TESCO’s in addition to the day to day management of each store in line with strategic decisions. Without knowing what external factors affect the organisation, it is difficult to manage the business in an efficient manner.

Jan 23,  · A PESTLE Analysis for Sheng Shiong Supermarket PESTEL ANALYSIS FOR SHENG SHIONG SUPERMARKET. POLITICAL · Singapore, Sheng Siong’s Supermarket’s home country has great and friendly policies for growth which are especially valuable to the company.

These. PESTLE Analysis Politics The political power is extremely centralized in the government and it is a bureaucratic country. Although the elections are being held often, the offices are mostly assigned instead of elected.

Pestle analysis for singapore supermarket

The government put efforts in communicating the decisions and policies to the public instead of gathering their opinion. Strategic tools such as PESTEL, Porter’s Five Forces, SWOT and Value Chain analysis were used to analyse Supermarket industry using TESCO as a case study.

PESTEL analysis of Singapore. Print Reference this. Disclaimer: This work has been submitted by a student. This is not an example of the work written by our professional academic writers. You can view samples of our professional work here.

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