Wednesday, May 6, 2020

Organic Healthy Food In Australia Samples †MyAssignmenthelp.com

Question: Discuss about the Organic Healthy Food In Australia. Answer: Introduction Health issues are increasing all over the world due to the type of foods people are taking and the lifestyle. In Australia, the consumption of fast foods has increased obesity cases and other health issues. It is becoming important that this problem is solved. Otherwise, Australia will be dealing with numerous health issues and a reduced lifespan. There are different methods of dealing with the issue such as regular exercising and healthy eating. As such, Health Food is a food chain that seeks to provide organic healthy food to the people of Australia. It will, however, faces competition from fast food chains such as KFC and McDonalds, as well as, restaurants and other healthy food stores such as Boost Juice Australia. This paper will explore the business environment for Health Food Inc. Macro environment analysis Macroeconomic factors of an enterprise are the elements that it affects its business but it has little control over such factors. These factors include political, economic, social-cultural and technological factors (PEST). They influence the running of a company, and the only way a corporation could deal with them is by adapting to the situation. The political factors comprise of all the elements in the political arena. It also notes the legal factors. Australia is a nation that enjoys political stability (Armstrong, Kotler, Harker, and Brennan, 2015. P. 30). For Health Food Inc., it means that its survival will not be disrupted by political instability in the nation. However, Health Food Inc. has to conform to the business regulations in the country. It has to deal with taxation, pollution, and consumer protection laws. Otherwise, it may face penalties and risk closure. Besides, different regulations will affect the company relating to their client and employee relations (Gupta, 201 3, p. 76). Secondly, the economic environment affects the revenues of a company. The condition of the economy dictates the wage rates and the price level of various goods. It also affects the purchasing power of consumers thus the ability to buy various goods and services. Australia is ranked as a developed nation by IMF and World Bank. It has economic stability. However, cycles of recession and boom have been experienced. During a recession, businesses struggle to survive as most people have cut on consumption (Cavusgil, et al. 2014, p. 80). Health Food Inc. will face competition from companies that provide fast foods in the country and are well established. Besides, restaurants provide healthy food as is Health Food Inc. objective. This rivalry will affect its market share. With aggressivemarketing and good public relations, Health Food Inc. could acquire a strong client base. Thirdly, the social-cultural factors relate to the people of Australia. People in Australia like to consume fast foods. Health Food Inc. has to deal with this lifestyle and position its product in a manner that attracts people to start taking healthy food. Especially, the young generation that likes fast foods, Health Food Inc. has to convince this populace to buy its products. Additionally, technological factors that Health Food Inc. should adapt to is online purchasing. It should set an online website and provide free delivery services similar to the KFC and McDonalds (Fleisher, and Bensoussan, 2015, p. 36). Microenvironment analysis The microeconomic environment consists of the factors that company has control over. They include employees, suppliers and the owners. Health Food Inc. aims to provide healthy food in the Australian food market. To do so, it has to acquire its inputs from farmers that participate the cultivation of organic foods. It should screen these suppliers to ensure that the methods of farming are conventional and that their inputs are not genetically modified. Health Food Inc. can control the inputs it buys from suppliers by ensuring that they always get fresh organic products. Besides, it can bargain the prices offered to ensure that control it operating expenses (Kew, and Stredwick, 2017, p. 54). Secondly, Health Food Inc. has to pay emphasis to its internal relation. The food industry is a service industry that is highly dependent on the employee productivity. Health Food Inc. should cultivate an organizational culture that encourages its employees to provide quality services to the client. It will affect the reviews for Health Food Inc. and impact on its performance. Additionally, the owners and the management team are responsible for making decisions and strategies that guide Health Food Inc. into a successful business. Besides, these plans will affect its market position, productivity, and profitability (Kew, and Stredwick, 2017, p. 54). Conclusion Health Food Inc. mission is to provide healthy food in the Australian food market. It should focus on its micro and macro environment before making strategies to venture into the market. It should position its product to ensure that it is competitive. Besides, aggressivemarketing will create awareness for the firm. It should use online services and provide free delivery to attract potential customers and maintain its client base (Singh, 2015, p. 89). References Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2015. Marketing: an introduction. Pearson Education. Cavusgil, S.T., Knight, G., Riesenberger, J.R., Rammal, H.G. and Rose, E.L., 2014. International business. Pearson Australia. Fleisher, C.S. and Bensoussan, B.E., 2015. Business and competitive analysis: effective application of new and classic methods. FT Press. Gupta, A., 2013. Environmental and pest analysis: An approach to the external business environment. Merit Research Journal of Art, Social Science, and Humanities, 1(2), pp.13-17. Kew, J. and Stredwick, J., 2017. Business environment: managing in a strategic context. Kogan Page Publishers. Singh, M., 2015. Importance of Environment Analysis in Marketing.

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