Chapter 3 – Scanning the Marketing Environment Flashcards
1
Q
Strength and Weaknesses of SWOT
A
- Competition
- Suppliers
- Customers
- Relevant publics
2
Q
Opportunities and Threats of SWOT
A
- Political
- Legal
- Environmental
- Ethical
- Technological
- Social & Cultural
- Economic
- Demographic
3
Q
Social Forces
A
- Demographics
- The Canadian Family (blended families)
- Population shifts
- Ethnic Diversity
- Culture
4
Q
Economic Forces
A
- the economy
- macroeconomic conditions
- consumer income
5
Q
Technological Forces
A
- technology’s impact on marketers
- technology’s impact on customers
6
Q
Competitive Forces
A
- alternative forms of competition
- components of competition
- small business as competitors
- pure-play online competitors
7
Q
Regulatory Forces
A
- protecting competition and consumers