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  • Jason Blums Blumhouse Productions Anita Elberse 2018

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    “Hometown Foods Changing Price Amid Inflation” PESTEL Analysis is based on the following question: How have changes in inflation impacted the pricing strategy of Hometown Foods, and what factors have contributed to this shift? The PESTEL analysis analyzes a firm’s external environment from the point of view of political, economic, social, and technological factors. The following sections of the PESTEL analysis are included in this study: Political Factors: What are the political factors that influence Hometown Foods, and

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    As inflation continues to soar, and consumer demand slows down, some businesses, including Hometown Foods, are struggling to balance price increases with supply and demand. However, the company is responding with price cuts on various items to keep costs in line with rising production and packaging costs. In the Q3 2022 report, the company’s share of the retail market increased to 3.1%, down from 4.2% a year earlier. The company has reported a net profit margin of 15.9% in

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    “Hometown Foods is an upscale restaurant located in a charming neighborhood. As the owner of this business, I am confident in saying that we have adapted to the current inflationary conditions. With the rising prices of food and commodities, we have had to adjust our pricing strategies, ensuring that our cost-effectiveness remains unwavering while still maintaining the quality of our products. Food prices have skyrocketed over the last few years, driven by increased energy and transportation costs, coupled with rising demand for useful source