Task 0 Effects of Globalization on national economies by pestle approach 2

1.1.5 Environmental Factors

The environment has long been a factor in the firm's strategy, especially from the standpoint of access to raw materials. Often, this factor is best viewed as both a direct and indirect cost for the firm. Environmental factors were also evaluated on the footprint left by a firm in their vicinity. For consumer product companies such as PepsiCo, for instance, this can cover waste management and organic farming practices used in countries where raw materials are obtained.