0Lecture 3: Marketing Environment Scanning of the Marketing Environment – Opportunities or threats? Environmental Forces—Firms must monitor six major forces in the broad environment: Demographic Political-Legal Economic Technological Socio-Cultural Natural 1. Demographic Environment The main demographic force that marketers monitor is population because people make up markets. Marketers are keenly interested in the: Size and growth rate of populations in cities‚ regions‚ and nations. Age distribution
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Information is retained from two sources: external and internal. External sources are our perceptual processes such as sight‚ hearing‚ or becoming aware of something through the senses‚ whereas internal sources are involved with processes such as reasoning‚ imagination‚ and thought. When it comes to analyzing the processes people use to determine whether information initially originated from an external or an internal source this is referred to as reality monitoring. Reality monitoring is accredited
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Q1: (a) INTERNAL FACTORS AFFECTING BUSINESS ENVIRONMENT: Companies must endure economic recessions‚ competing businesses stealing their market share and dips in their stock price. However‚ these external factors are not the only problems businesses face. Companies must deal with internal factors as well. Internal issues can create just as many problems as external ones. Sometimes‚ the two types of factors are linked. Employees : The caliber‚ attitude and work ethic of a company’s employees are
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and External Factors Affecting Brighton Medical Center Wesley Hill University of Phoenix Introduction Brighton Medical Center‚ also known as BMC‚ has been serving the Salt Lake City Community for over seven years. There have been many internal and external factors that have defined the organization and its size‚ structure‚ and organizational processes. This essay will introduce the four main internal and external factors that
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major point in the relative growth of Tata Tea is that of Efficient Brand Differentiation & Strong Strategic Planning. The market share of Tata Tea in comparison with HUL on the basis of the Value can be shown below: {draw:frame} ANALYSIS OF MICRO‚ MACRO AND GLOBAL ENVIRONMENT COMPETITIVE STRUCTURE The number of firms in an industry or those supplying substitute products affects the strength of competition. The competitive structure in which Tata Tea is operating is Monopolistic Competition
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level factors in an external environment Date: November 20‚ 2012 Hello Mr. Doe‚ It is my understanding that the large presentation on social networking is quickly approaching and a brief memo discussing how macro level factors in an external environment have impacted the structure of the online social networking industry in the global marketplace is required. In order for that to be done properly there is some information that needs to be addressed. Just what are Macro environment factors; they
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The Islamic University - Gaza Deanery of High Studies Faculty of Engineering Construction Management Dep. ΓΰϏ±ΔϴϣϼγϹΔόϣΎΠϟ ΎϴϠόϟΕΎγέΪϟΓΩΎϤϋ ΔγΪϨϬϟΔϴϠϛ ΪϴϴθΘϟΓέΩ·Ϣδϗ Factors Affecting the Performance of Construction Projects in the Gaza Strip Saleh Samir Abu Shaban B.Sc. Civil Engineering‚ The Islamic University Supervised by Prof. Dr. Adnan Enshassi Professor of Construction Engineering and Management A Thesis Submitted in Partial Fulfillment of the Requirements
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like my learning and education. The factors that make up my personal context are affecting my education‚ both internal and external factors. Internal factors‚ such as my learning styles‚ intelligences and my goals will affect my strengths and weaknesses in school as well as my motivation. In terms of external factors‚ like my family‚ school and language of study‚ they affect my emotional and mental state which affects my ability to do schoolwork. Both sets of factors affect me as a student in English
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internal and external factors. Describe two factors and explain their effects on people’s health. This assignment will be looking at how a person’s health is affected by both internal and external factors. Health can be affected by several different causes and may vary for each person due to the influence and nature of these factors. However‚ this assignment will be looking specifically into the biological aspect discussing topics such as obesity and genetics as the internal factor and exploring
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Introduction The purpose of this report is to examine the external factors affecting Ford Motor Company within the last four years. Dr. John L. Waltman has authorized this report. It is based on secondary sources‚ mainly gathered through the First Search Periodical Index. Authorized Publication includes Wall Street Journal‚ Financial Times‚ New York Times‚ and sources from the Internet. This report examines and analyzes these three external factors: v Consumer Demand v Increased Fuel Costs v Visteon
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