Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Marketing managers must be aware of the surrounding environment when making marketing-mix decisions. The factors include political, technological, social, competitive, and economic. At the center

Marketing managers must be aware of the surrounding environment when making marketing-mix decisions. The factors include political, technological, social, competitive, and economic. At the center of these factors is the customer. These factors can affect a company's ability to build and maintain relationships with their business and consumer markets.

Review the five factors affecting the marketing environment and match the ten (10) elements with the appropriate factor. Each factor should have two elements.

Step by Step Solution

3.34 Rating (166 Votes )

There are 3 Steps involved in it

Step: 1

1 Social factors influence consumer behavior substantially These are the effects of people or groups ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing Management

Authors: Greg Marshall, Mark Johnston

2nd edition

9781259094972, 78028868, 1259094979, 978-0078028861

More Books

Students also viewed these General Management questions

Question

Show that f(x) = x/ex-1 - ln (1-e-x) is decreasing for x > 0.

Answered: 1 week ago

Question

=+b) What is the interpretation of the coefficient for Pedro Start?

Answered: 1 week ago