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NynaLNAT

Business Finance

Hanson canada

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Define and provide an example of the listed factors in the attached document. please use some simple words. thanks.

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FACTORS THAT IMPACT MARKETING EXTERNAL FACTORS Define and provide an example of the following items: 1. 2. 3. 4. 5. 6. Economic Environment Social Environment Global Environment Technological Environment Competitive Environment Political Environment Header: Factors that Impact Marketing Decisions (Arial 21-point font) Footer: Group Number, Date, Page Number (Arial 9-point font) Body: (Arial 12-point font) Prepared by Mr. Shawn Stanley 2/14/2018 Page 1|1
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Running head: FACTORS THAT IMPACT MARKETING DECISIONS

Factors that impact marketing decisions
Name of student
Name of course
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Instructor’s name

Group number
Date

1

FACTORS THAT IMPACT MARKETING DECISIONS

Factors that impact marketing decisions
Economic Environment
Marketing decisions are influenced by the economic environment because of
some significant aspects that have a direct or indirect impact on the business itself.
Marketing plans and strategies will depend on whether the economy is strong or weak.
However, it depends on the type of business; there are some that do well in a weak
economy like fast food restaurants and discount stores. The economic environment
determines the consumer buying power (Boone & Kurtz, 2015)....


Anonymous
Just what I was looking for! Super helpful.

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