Sunday, September 18, 2011

Topic Statement

"Examples of changes in environmental factors on
products/markets (see chapter 4) – You should provide two
types of examples: a) examples of products that were
introduced or modified or eliminated because of changing
environmental factors, and b) examples of markets that were
identified or forsaken bec
ause of changing environmental
factors. For all examples
you should indicate whether the
factors were opportunities (maximize) or threats (minimize)
and how the marketer changed their strategies."


What are Environmental Factors? *Ask Class*







(Courtesy of bubbl.us)

Environmental Factors Focused On

Natural Environment

"Natural resources that are needed as inputs by marketers or that are affected by marketing activities"

Cultural Environment
"Institutions and other forces that affect society's basic values, perceptions, preferences, and behaviours"