The mentioned factors covered in this article could be positive or negative for organize food industry, however determining those factors proactively helps the firms operating in this industry to devise the strategies to capitalize on the available opportunities and eliminate or minimize the threats. In the recent past, there is growing concern about the quality of food and there are debates over the food products and its quality. There was trend of organic food in late 80s but organic food has become part of daily life and people like to eat it at their usual eating time. Now there are various food brands, which have introduced this new trend of food in the market and made it popular among people especially among the working class, who are hurry to reach their work.
Many people have called themselves the Taobaoer by spending much of their monthly expenditure on Taobao, the largest B2C e-commerce website. According to Boston Consulting Group, the volume is expected to increase fourfold by And E-commerce has already been changing the way Chinese consumers think about shopping: But like many other physical shopping, cheating and fake products are common in the online shops though the most populous shops tend to sell quality and price competitive products to the customers or will state clearly the possible quality problems of the products in the introduction of the products in the pages.
Technological analysis Technological factors include areas such as new products being developed, new purchasing mechanisms intranet, extra-netnew production technology, new distribution mechanisms Internet and new Pest analysis on agriculture industry of working e.
What is more, based on the perspective of Ortolani there had been only 1 percent credit card penetration in China suggesting that the most widely used payment method had low acceptance in China and the payment system to support online credit card transaction is also facing low usage.
And the lack of safe online credit card payment system is one of the key reasons behind this low usage and penetration. Environmental analysis Environmental factors refer to all the factors directly related, influenced or determined by the surrounding environment.
This includes, but is not limited to weather, climate, geographical position, climate change and even insurance Heldman Despite the fact that the environmental protection work is still low in China because the majority of focus and priority had been attributed to the alleviation of poverty and economic development which result in the low public participation in the environmental protection work, in the recent years, with the substantial economic advancement and raised living standard, income level and also the degradation of environment in the country, the Chinese government has started educate the public about the environmental protection.
And with a joint effort from the non-governmental organizations NGOs and media such as newspapers, radio and tv, we are witnessing an increasing environmental awareness in the public resulting in changes in the consumer behaviors to put environment protection in a higher importance level Heggelundp.
Here based on the analysis we have above, we are able to draw some conclusions. Firstly, very stable political conditions and rapid economic growth has made the e-commerce industry in China attractive to investors and the increasing awareness of environment protection also promote the way of e-commerce as it creates less pollution and damage to the environment; secondly, there are also risks such as lack of trust, stable and secured online payment systems and lack of legal protection that create challenges and uncertainties to the players in the industry.Pest Analysis On Agriculture Industry.
PEST ANALYSIS A PEST (Political, Economic, Social and Technological) analysis is a major part of the environmental scanning section of strategic management and it is used by companies during market research and strategic analysis.
Pest Analysis For Agricultural Sector PEST Analysis – Brazilian Mining Industry The PEST analysis, a business measurement tool, is useful for understanding a specific market, and as such the position, potential and direction for a business. Assignment on PESTLE Analysis of The Paper industry in India.
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sheikhtalha. Hindustan Motors. Uploaded by/5(14). The state of Virginia's PEST analysis of the local wine industry discusses support by the governor and state department for agriculture, as well as legislation enacted by the General Assembly allowing cooperatives to ship wines directly to consumers.
Due to membership of the EU it has non-tarriff barriers on agricultural and manufacturing subsidies, quotas, import restrictions and bans for some goods and services, market access restrictions in some services sectors and non-transparent and restrictive regulations and standards.