Mind map
chapter 4

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chapter 4
The marketing environmnet
- factors that affect marketing management's ability
- build and maintain
- successful relationships with target customers
- build and maintain
- factors that affect marketing management's ability
environmental forces
- The microenvironment
- Forces with direct impact to the company
- internal and external
- Actors in the Microenvirnoment
- Marketing
- The cpmpany
- Marketing intermediares
- Resellers
- Physical distribution firms
- Marketing services firms
- Competitors
- Pure competition
- monopolistic competition
- Oligopolies
- monopolies
- Publics
- financial publics
- Media publics
- Government publics
- General publics
- Internal publics
- Legal publics
- Citizen-action publics
- Customers
- Suppliers
- Marketing
- The macroenvironment
- External forces with direct impact across industries
- Major forces in the company macroenvirnoment
- Company
- Demographic forces
- Study of human population
- Strategic decisions often based upon shifts in demographics
- The Demographic Environment changes
- Canadian family/households are changing
- Growing market of "non-traditional"
- Growing "crowded nest" Syndrome
- Fewer Families have childrean
- More dual-income families
- Better Educated, white-collar population
- Increased demand for higher quality
- Increased understanding of value
- Creates demand in different products
- Increasing Diversity
- Lage and growing visible minority market
- Growth in recognized disabilities
- Acceptance of LGBT and gay marriages
- Geographic shifts in Population
- Growth rate across Canada are not uniform
- Rural to urban migration continues
- Buying habits differ by region
- Growth in telecommuting market
- Canadian family/households are changing
- Economic forces
- Nations very greatly in their levels and distribution of income
- Industrial economics
- subsistence economics
- Developing economics
- Factors that affect spending
- Changes in income
- Consumption frenzy , record personal debt
- Economic crises leading to consumer frugality
- Value marketing is key to success
- Changes in spending patterns
- Changes in income
- Nations very greatly in their levels and distribution of income
- Natural forces
- Natural resources to produce goods
- Shortage of raw materials
- Increased pollution
- Increased government intervention
- Strategic decisions around creating environmentally-sustainable products
- Natural resources to produce goods
- Technological forces
- Technolgical advances
- Creating new markets and opportunities
- Increasing obsolescence
- Accelrating customers needs
- Resulting in constantly evolving regulations
- Technolgical advances
- Political forces
- Regulatory Trends- Evolving laws influence organizations
- Business legislation:
- Protect Companies from each other
- Protects consumers from unfair business practices
- Protects the interests of society
- Increased emphasis on ethics and socially responsible behavior
- Cultural forces
- Standard acceptable belief system that affects a society's basic values
- Core beliefs slow to change
- Secondary beliefs are more open to change
- Society's major cultural views are expressed in people's view of:
- Themselves
- Others
- Organizations
- Society
- Nature
- The Universe
- Standard acceptable belief system that affects a society's basic values
- Demographic forces
- Company
- The microenvironment
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- Mind Map on chapter 4, created by rami debbas on 04/10/2017.
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- rami debbas
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