Analyzing Heinz's Political, Economic, and Ecological Factors (2024)

This presentation examines the external factors influencing Heinz, a company in the food processing industry. It analyzes political factors, such as the impact of labor laws and consumer information, highlighting the importance of adapting to these changes. The economic analysis considers the impact of labor costs on profit margins, while also acknowledging the high global demand for the company's products. The presentation also discusses Heinz's efforts to reduce its carbon footprint and how it can improve the company's branding. The conclusion emphasizes the need for businesses to balance external factors and make informed decisions for better performance and market opportunities. References to books and journals are included to support the analysis.

POSTER PRESENTATION

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
POLITICAL.....................................................................................................................................3
ECONOMICAL...............................................................................................................................3
ECOLOGICAL................................................................................................................................3
CONCLUSION................................................................................................................................4

INTRODUCTION
Understanding and analyzing the external factors before any decision is taking is very
important in all the organizations. HEINZ belongs from the food processing industry which is
having its headquarters in Pittsburgh, Pennsylvania. The company is dealing in products like
sauces and condiments from 1869. The poster is going to discuss the political, economical and
ecological factors of the industry.
POLITICAL
The political stability is present in the country which is why there are better decisions and
laws which are being followed in the company. There are a lot of changes like labour laws and
information to the customers which the company has adapted so that there is going to be better
functioning (Vida and et.al., 2019).
ECONOMICAL
The costing of the labour has increased therefore the profit margins of the company have
fallen but the demand for the products are high which makes the organization have a good
economic factor. The GDP and product’s demands are high globally which is why the
organization has been able to operate and price the products well.
ECOLOGICAL
Heinz has taken measures to have a free carbon footprint in the market so that there is
going to be better branding of the organization in the market (Dahal and et.al., 2017). Due to
increase in global warming and carbon emission it has been very difficult for businesses to
develop new products which help to protect environment and it is also increasing the cost of
producing and reducing the profit margins negatively.

CONCLUSION
From the above poster it can be concluded that there is a need for the businesses to have
good external factors well balanced and decisions which are taken according so that there is
going to be good functioning. The factors have to be followed so that there is going to be better
performance and company can have better opportunities in the market.

REFERENCES
Books and Journals
Dahal, K and et.al., 2017. Coordinated regulation of photosynthetic and respiratory components
is necessary to maintain chloroplast energy balance in varied growth
conditions. Journal of experimental botany. 68(3). pp.657-671.
Vida, R.G and et.al., 2019. Dietary quercetin supplements: Assessment of online product
informations and quantitation of quercetin in the products by high‐performance liquid
chromatography. Phytotherapy Research. 33(7). pp.1912-1920.