Thursday, October 22, 2009

the marketing envoirement

The term "marketing environment" relates to all of the factors (whether internal, external, direct or indirect) that affect a firm's marketing decision-making/planning. A firm's marketing environment consists of three main areas, which are:

* The macro-environment, over which a firm holds little control
* The micro-environment, over which a firm holds a greater amount (though not necessarily total) control

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