How is the milk powder industry affected by PESTEL (External forces)?
Political-legal -> Organizations that are in the milk powder industry are affected by laws imposed by food regulatory bodies. Daily manufacturers will have to comply with laws of even other countries
Technological ->Tech is advancing daily, firm is facing advances that require huge costs so as to comply with the market competition.
Social Cultural -> ?
Environmental-> Environmental factors affect the firm in various ways, such as climate affecting the milk powder expiry dates, or diseases affecting cows producing milk
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