Contents
Introduction 2- Australian Food Retail Industry 2
- Strategic Planning 3
- PESTLE Analysis for Australian Market 5
- Political 5
- Economical 5
- Social 6
- Technological 6
- Environmental 6
- Legal 7
- Five Forces Analysis 7
- Bargaining Power of Supplier 7
- Bargaining Power of Buyer 8
- Threat of new entrants 9
- Threat of Substitutes 9
- Degree of Rivalry 9
- Future of Retail Food Industry 10
- Conclusion 11
- References 12
Description
The paper discusses the influence of external environment on the Australian Food retail industry and what factors need to be considered by the organizations in the industry to carry out the strategic planning for the future market. The paper includes the PESTLE and Porter’s Five Force analysis which brief about the various factors which influences this industry and organizations and what impact it would have in the future.
