Looking at a company called Dean Foods in the USA, what problems have they been facing,...

Looking at a company called Dean Foods in the USA, what problems have they been facing, and what solutions can you recommend they do based off of the 6 Environment Factor Analysis? The 6 external environments forces are: Global, Economic, Socio-cultural, Demographic, Political/Legal, and Technological

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Global The food industry is ever evovling and it has become apparent that only adaptable brands will survive ,in this terms Dean foods can look at bigger aspect by expanding the services across the globe by setting up stores or making a global ad or promotion which will make people think that it is recognised across the globe and there would be more demand.

Economic It has sunk in the market and in the economy and to rise above slowly it has to look at its pricing factors.
which will help its marginal value to go high and the demand and supply will be at par.

Socio-cultural They have to come up with some different types of strategies and plans for the citizens where the citizens feel they are treated fairly and honest,

Demographic Demographic trends are driving shifts in demand for natural products and these are taking place in developing and emerging economies.It has to go with the flow of dynamics and increase its supply accordingly with the economy factor.

Political/Legal The company shouldnt make any contributions from the companys funds for any political contributions, whihc can make an impact on the companys growth.

Technological This is one of the best factors that will help the production factor.The higher and advanced the technology is the faster and smarter will be the move in the production and it will drive the entire work force by actively looking into any factors that will help to improve the production.

Rahul Sunny answered 1 year ago

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