Business Environment analysis for Business

Business Environment

1. Technology- Whatsapp & Facebook
Regulatory- Health department & Town
Council
Cultural and societal- Health conscious
people & language diversity
Socio-economic- class structure
& safe neighborhood


Market segments- Family & lifestyle choice
Needs and demands- organic and local
produce & easy accessibility
Market issues- price fluctuations/ Health
concerns
Switching costs- accessibility/wide variety
Revenue attractiveness- quality & organic
produce & One stop shop
Suppliers and other value chain actors-
Local farmers and international importers
Stakeholders- Farmers, supermarkets
Competitors- Eddies and Alvarado’s
New entrants- Mennonites & out-district
vendors
Substitute products and services- Frozen and
canned produce
Global Market Conditions- Inflation/
new consumer buying habits
Capital Markets - Banks and credit
unions
Economic Infrastructure-
transportation/ storage facility
Commodities and other factors- gas
prices and taxes(GST)

M&K’s Vege Stop