Chapter 3 Flashcards
Marketing Environment
Actors and forces outside marketing that affect marketing management’s ability to build successful relationships with target customers.
Marketing Intermediaries
Firms that help the company to promote, sell, and distribute its goods to final buyers.
Internal environment
the interrelated departments
___ provide resources needed to provide goods and services
suppliers
_____ help companies stock and move goods from points of origins to destinations
Physical distribution firms
Financial intermediaries
Bank, credit, and other services that help insure against risks
Citizen Action Publics
companies marketing decisions may be questioned by environmental groups, minority groups etc.
group which includes resident and communities
Local Publics
Workers, managers, and members of the board
Internal Publics
____ markets buy goods and services for further processing
Business
The single most important demographic trend is?
Changing age structure