Importance of PESTLE Analysis in Business Environment

Business Environment

Table of Contents
INTRODUCTION-..........................................................................................................................4
Main Body.......................................................................................................................................4
TASK 1............................................................................................................................................4
Describe how chosen organization is structured and governed.................................................4
TASK 2............................................................................................................................................6
Discuss the importance of PESTLE analysis..............................................................................6
TASK3.............................................................................................................................................7
PESTLE framework to analyse the external environment of selected company........................7
CONCLUSION- ...........................................................................................................................10
REFRENCES.................................................................................................................................11

Executive Summary
Business environment comprises various macro as well as micro factors that significantly
affect the sales as well as profit margin of an organization. The report discussed about the current
organizational structure of company. It is essential for entity to carry out external analysis with
appropriate tool. It helps mangers to formulate new stargates to meet with uncertain situations
that may occur in future within entity.

INTRODUCTION-
Business environment refers to various internal as well as external factors such as
employees, demand and supply at market place, government policies and many more that
affected business efficiency and profitability (Berman and Dalzell-Payne, 2018.). It is a
combination of micro as well as macro environment that significantly influence overall
organizational performance. The report is about Hilton Food Group Plc that is a food packaging
company based on UK. It has established in the year of 1994 and provide services in different
region. The report comprises a detailed analysis of company along with its history and
organizational structure. Further importance of PESTLE analysis is also discussed in the report.
Moreover, it renders a detailed insights about business environment of company.
Main Body
TASK 1
Describe how chosen organization is structured and governed
A) Overview of company along with its history
Hilton food group plc is the internation food packaging service providers. It provide beef
and meat packaging facility across different regions. It has headquarters in UK. It is catering to
the audience of across Europe.. The company has started functions in 1994 in England. It has
grow and expand business operations in other countries overtime. Now, it has six factories within
Europe from where it is catering to target segment (Crowley and Jordan, 2017). The
organizations owns several factories and sells products to supermarkets within country. Along
with this, it also has a joint venture in Australia with a retail store. It concentrates to provide cost
effective services to customers in order to retain them for a longer period of time. Along with
this, managers emphasis to acquire new customers to increase their market share. Hilton is able
to maintain good relationship with customers by providing them efficient services. It has
effective relationship with suppliers that helps the entity to procure necessary resources from
vendors. The company is listed in London Stock Exchange and come with its first public issue in
the year of 2007. Apart from this, it also owns subsidiary companies such as Hilton Foods UK
limited, Hilton food group(Europe) and many more. Innovation is the crucial strategy of
organization thus they constantly engage to develop unique and advance approaches to inflate
business efficiency. Initially Hilton was started to serve Tesco but in the decade of 2000 it