Chapter 3 – Scanning the Marketing Environment Flashcards

1
Q

Strength and Weaknesses of SWOT

A
  • Competition
  • Suppliers
  • Customers
  • Relevant publics
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2
Q

Opportunities and Threats of SWOT

A
  • Political
  • Legal
  • Environmental
  • Ethical
  • Technological
  • Social & Cultural
  • Economic
  • Demographic
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3
Q

Social Forces

A
  • Demographics
  • The Canadian Family (blended families)
  • Population shifts
  • Ethnic Diversity
  • Culture
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4
Q

Economic Forces

A
  • the economy
  • macroeconomic conditions
  • consumer income
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5
Q

Technological Forces

A
  • technology’s impact on marketers

- technology’s impact on customers

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6
Q

Competitive Forces

A
  • alternative forms of competition
  • components of competition
  • small business as competitors
  • pure-play online competitors
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7
Q

Regulatory Forces

A
  • protecting competition and consumers
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