A high-level overview of Wesfarmers Limited’s registered business details, a company synopsis, history and background, as well as Wesfarmers Limited’s main brands and products. We outline the Wesfarmers Limited’s key personnel by position type and title.What does Pestel stand for in Wesfarmers statement?
PESTEL stands for - Political, Economic, Social, Technological, Environmental & Legal factors that impact the macro environment of Wesfarmers Limited. Changes in the macro-environment factors can have a direct impact on not only the Wesfarmers Limited but also can impact other players in the Food & Staples Retailing.Why are SWOT and pestle important to Wesfarmers?
1. Biggest player in the Private sector in Australia and New Zealand. 2. Extensive network of stores to tap markets throughout the country. 3. Sustainable business with greater importance given to community building. 4. Strong governing body. 1. All the business interests are not equally profitable. 2. Fully local supplier of power 1.How does the macro environment affect Wesfarmers Limited?
Changes in the macro-environment factors can have a direct impact on not only the Wesfarmers Limited but also can impact other players in the Food & Staples Retailing. The macro-environment factors can impact the Porter Five Forces that shape strategy and competitive landscape.