2. marketing environment Flashcards

1
Q

Internal Environment

A

consists of parties that make up a
company: such as the different departments, its employees, its structures, processes, political networks and physical realities such as buildings, facilities and symbols

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2
Q

microenvironment

A

consists of the actors close to the company that affect its ability to serve its customers, the company,
suppliers, marketing intermediaries, customer markets,
competitors and publics

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3
Q

macroenvironment

A

consists of the broad forces that affect not only the company but also the other actors in the microenvironment.

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4
Q

Political and Legal Forces

A

laws, governments agencies and pressure groups that influence and limit organizations and individuals in a given society

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5
Q

economic forces

A

Different factors that affect consumer buying power and spending patterns Economic climate
 Disposable income
 Price levels
 Growing/emerging economies
 Interest/Exchange rates
 Debt
 Consumer saving
 Consumer confidence

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6
Q

environmental forces

A

Relationship between people and environment
 Natural environment = natural resources needed as inputs or that are affected by marketing activities

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7
Q

social and cultural forces

A

 Demographic forces  Demography = study of human populations in terms of size, density, location,
age, gender and race occupation
 Demographic trends include population growth, changing age and household
structure, pressures for migration and population diversity

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8
Q

cultural environment

A

Cultural environment = institutions and other forces that affect society’s basic values, perceptions, preferences and behaviors

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9
Q

Passive view

A

“Uncontrollable” element to adapt to
 Do not try to change
 Analyse environmental forces and design strategies to avoid threats and exploit opportunities

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10
Q

proactive view

A

 Affect publics and forces: hire lobbyists, media events,
advertorials, lawsuits, contracts, ….
 Not always possible

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