Gousto and Unilever: An Analysis of Business Context and Global Impact

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CONTEXT OF
BUSINESS
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TABLE OF CONTENT
Introduction
Impact of globalization on small and large business
Status
Market
Economy
Pestle analysis
Porters five forces
Recommendation
Conclusion
References
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INTRODUCTION
Business is considered as an activity of which is conducted or
done with an objective of earning large amount profit for the
advantage of those on whose behalf the activity is conducted.
This report includes the complete analysis of the two companies
from the same industry which are named as Gousto and Unilever
both companies are engaged in food and beverages industry in
UK.
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IMPACT OF GLOBALIZATION ON
SMALL AND LARGE BUSINESS
In the present world globalisation have completely changed the
process of doing business activity in the country.
The impact of the globalisation on large and small business can be
both positive as well negative. Positives and negatives points of
globalisation on the both type of companies are as follows-
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CONTINUE….
Positive impact of globalization on both companies such as:
Global brand
Earn larger profit
Cheap resources
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CONTINUE…
Negative impact of globalization on both type of companies
such as:
Higher competition
Loss of market share
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STATUS
Size:
Unilever's market cap was $113.88 billion as of October 2022.
Thus according our statistics, this places Unilever as the
90th most expensive company on the planet by current
value.
Gousto, a maker of recipe boxes, had a 67% increase in sales
to £315 million in 2021.
Location:
The Gousto corporate office is situated in London's Shepherds
Buildings Centre.
With its headquarters in London, England, Unilever plc is a
global British firm that manufactures consumer products.
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MARKETING
Product: It has board variety of items such as foods,
beverages, ice cream and others.
Pricing: It uses premium pricing strategies.
Place: It uses various places for distributing their items such
as retailers, kiosks and so on.
Promotion: It uses various promotion and advertising
strategies that are sales promotion, public relations etc.
Advertising: For advertising their products they uses
television and online media.
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ECONOMY
Supply and demand:
Unilever: Its supply and demand is higher as they deliver
superior items, effective facilities and value.
Gousto: Its supply and demand is not much higher.
Market share:
Unilever: It has about €52 billion turnover in year 2021 along
with the 58% into emerging marketplace.
Gousto: Its annual revenue is about $200.0M - $500.0M
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PESTLE ANALYSIS
Political
Economical
Social
Technological
Legal
Environmental
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PORTERS FIVE FORCES
Competition among the competitors
Bargaining power of buyers
Bargaining power of supplies
Threat of substitute
Threat of new entrants
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RECOMMENDATION
Based upon the above, it has been recommended to both
small and large food business that for reducing the negative
impacts they have to adopt emerging technology as it helps
them to enhance their working capital, earnings, etc
respectively. In additionally, it has been also suggested that
they have to adopt various regulation of particular country
which would assists them to operation their business
globally in effective and efficient way.
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CONCLUSION
As per the above report, it has been concluded that the
globalisation have both positive and negative impacts upon
large and small food business. Some of the effects are global
brand, earn larger profit, cheap resources, higher
competition, loss of market share and many others.
Additionally, both small and large food businesses have
various differences into their size, number of employees,
marketing, economy and so on.
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REFERENCES
Crane, A., Matten, D., Glozer, S. and Spence, L., 2019. Business ethics: Managing
corporate citizenship and sustainability in the age of globalization. Oxford University
Press, USA.
Jurabaevich, S.N. and Bulturbayevich, M.B., 2021. Directions For Food Security In The
Context Of Globalization. Innovative Technologica: Methodical Research Journal, 2(01),
pp.9-16.
Khan, S.A.R., Razzaq, A., Yu, Z., Shah, A., Sharif, A. and Janjua, L., 2022. Disruption in
food supply chain and undernourishment challenges: An empirical study in the context of
Asian countries. Socio-Economic Planning Sciences, 82, p.101033.
Mangla, S.K., Börühan, G., Ersoy, P., Kazancoglu, Y. and Song, M., 2021. Impact of
information hiding on circular food supply chains in business-to-business context. Journal
of Business Research, 135, pp.1-18.
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