Political: In the food industry, an important role is played by factors in the political consideration. The policies of Nestle get affected due to these political influences and cause an impact on company resources. An important considered factor here is the assurance of quality and controlling inferior quality.
Economical: Even though the company is leading in the industry, the knowledge shared and the local company expertise is also differentiated by the company. This leads towards making the company to compete under the free trade agreement benefiting industries and economies through growth in the market. Local government is also collaborated with Nestle of distinct countries for providing farmers with regard to assistance of technology for plantations and crop harvest.
Social: At the level of society, Nestle promotes health and wellbeing by adding nutritive ethical values to its products. The preference of healthy food items is more in the industry than junk.
Technological: Nestle is well versed with latest technological attributes and has chosen the medium of technology itself to learn the customer and reach their requirement at any part of the world.
Environmental: The Company has now fostered to adhere to corporate social responsibilities and with this the company has depicted the use of sustainable practices. This will help the company enhance its image.
Legal: All legal provisions such as partnership policies, environmental policies, human resources policies and policies of distribution in all the distinct countries are done legally by Nestle.
The business model developed by Nescafe for its products and services was a result of decades of research and development. The company has always used its resources to fiddle around with its newly developed products and merge them with new advanced technologies in order to enhance the value for the customers (Nestle, 2012).
In the years of 1990s, the company has decided for taking up a machine manufacturer joint venture which also consisted of sales force maintenance. However, this model was a failure and led towards making the company almost bankrupt (Grant, 2013). The company after that had taken up to innovate its products within the model of business in order to innovate.