The document presents information on marketing environment from a presentation by Deepak Bharat. It describes the micro and macro environment factors that influence marketing. The micro environment includes consumers, marketing intermediaries, suppliers, and competition. The macro environment includes demographics, economic conditions, socio-cultural factors, political/legal landscape, technology, and the natural environment. All of these internal and external factors must be considered by marketers when developing strategies and policies.
The document presents information on marketing environment from a presentation by Deepak Bharat. It describes the micro and macro environment factors that influence marketing. The micro environment includes consumers, marketing intermediaries, suppliers, and competition. The macro environment includes demographics, economic conditions, socio-cultural factors, political/legal landscape, technology, and the natural environment. All of these internal and external factors must be considered by marketers when developing strategies and policies.
The document presents information on marketing environment from a presentation by Deepak Bharat. It describes the micro and macro environment factors that influence marketing. The micro environment includes consumers, marketing intermediaries, suppliers, and competition. The macro environment includes demographics, economic conditions, socio-cultural factors, political/legal landscape, technology, and the natural environment. All of these internal and external factors must be considered by marketers when developing strategies and policies.
Regd.no :- 1861301083 Sec:- B Marketing environment Marketing environment means the market situation / atmosphere within which a business enterprise has to operate . According to Philips Kotler,“the company ‘s marketing environment is made up of the sector & forces out sider the firm’s marketing function which infringe upon the ability of marketing management to develop & maintain a successful relationship with the firm’s target audience” . Types of marketing environment Micro environment Macro environment Micro environment Consumers Marketing intermediaries Suppliers Competition Consumer :- the wants, desires ,preference ,expectations and aspirations of consumers keep fluctuating. Marketing system must respond to the customer needs & desires in all aspects. Marketing policies programmes & strategies are panned, organized & executed with the main objective of customer satisfaction. Marketing intermediaries :- Suppliers :-the company purchases raw materials from vender /suppliers.it has to ensure regular suppliers to maintain continuity of production. Shortage of raw materials can affect production volumes leading to low sales and low profits. Macro environment Demography Economic environment Social &cultural environment Political & legal Technology Natural environment Demography :-demographic analysis deals with quantitative elements such as age, gender, education , occupation ,income, geographic concentration & dispersion ,urban & rural population . Economic environment :- economic conditions play a significant role in the market system .high economic growth assures higher level of employment & income leads to marketing boom in many industries. Social & cultural environments :- social class is determined by income, occupations, location of residence of member . Broadly, we have three social classes. Culture provides people with a sense of identify and understanding of acceptance behavior in society . Political & legal :- political & legal forces are gaining considerable importance in marketing activities & operations of business enterprises. marketing system are affected governments monetary & fiscal policies , import & exports polices , customs duties. Technology:- it is driving force behind new product innovations & the development of many markets. The time between idea generation &commercialization is now considerable shorten year . Nature :- environmental protection can be integrated to assure a healthy, peaceful & productive life in harmony with nature .
Speech by Honourable Bahame Tom Mukirya Nyanduga, The Acting Chairperson of The African Commission On Human and Peoples' Rights at The Opening Ceremony of The 46th Ordinary Session