Challenges to current economics and environment changes

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Assignment:

Nestle have met a lot of challenges due to the current economics and environment changes. There are two main challenges Nestle have met.

Firstly, due to the current pandemic, Covid-19. This pandemic had caused a lot of problems to Nestle. This pandemic causes a lot of city lockdown so it causes a lot of workers cant go to work on that time. So there is a lot of factory cannot continue to operate and it caused the logistics limitation.

Secondly, inflation. All the prices of raw materials and products have increased and it caused a big problem to Nestle because Nestle target market is more into citizen and it considered essential products. If by increasing the selling point of the product cost will caused the drastic drop.

Reference no: EM133209934

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