Evaluating The Strategic Implications Of Internal Environment Analysis And Implementing Strategy

EVALUATING THE STRATEGIC IMPLICATIONS OF INTERNAL ENVIRONMENT ANALYSIS AND IMPLEMENTING STRATEGY Students Name Course Professors Name Institutions Name City and State where it is located Date SECTION 4 Analyzing and Evaluating Implications of the Internal Environment External Ecosystem Analysis for a Food Manufacturing Company External ecosystem analysis focuses on establishing the opportunities and threats in a business operating environment (Campbell Craig 2016, p. 123-125). Political and Economic Factors Political factors affecting the food manufacturing industry includes regulations relating to wages, quality of food, and hygiene issues. For instance, labor costs are high among companies that operate in high wage nations (Cadle, Paul Turner 2011, p 3-5). Recently, regulations relating to packaging have also changed. Additionally, most governments are pushing production companies to produce healthier food options. Since the passing of the recession, spending per consumer has increased although this might have been driven by food production companies which were forced to not only include cheaper options but also improve their customer service. One main factor that affects food sales is increased consumer health consciousness. Since delicious food prove no longer effective in attracting customers, most companies have to supplement their food with increased convenience as well as low costs. On