Marketing an Introduction, Gary Armstrong
Chapter 3: The Marketing Environment
Chapter 3: The Marketing Environment
Set of flashcards Details
Flashcards | 43 |
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Language | English |
Category | Marketing |
Level | University |
Created / Updated | 22.04.2013 / 01.06.2022 |
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Which of the following terms is used to describe the factors and forces outside marketing that affect marketing management's ability to build and maintain successful relationships with target customers?
You are directed to study the factors that are larger societal forces that affect your company–demographic, economic, natural, technological, political, and cultural. What are you studying?
All of the groups within a company are called the ________.
Banks, credit companies, insurance companies, and other businesses that help finance transactions or insure against the risks associated with the buying and selling of goods and services are referred to as _______
Which type of market buys goods and services for further processing or for use in the production process?
A company's marketing environment includes various ________ that are made up of groups that have an actual or potential interest in, or impact on, an organization's ability to achieve its objectives.
A radio station that carries news, features, and editorial opinions about your area is which type of public?
Workers, managers, and members of the board of directors are all part of a company's ________.
Research has shown that the most important demographic trend in Europe is the ________.
Which demographic group has a relatively cautious economic outlook, cares about the environment, and responds favorably to socially responsible companies?
Which demographic group is characterized by a total fluency and comfort with computer, digital, and Internet technology?
Which of the following demographic groups has not seen a percentage increase in the past 50 years?
Europeans are very mobile. In the early years of 21st century there was a net migration towards the ________ member states of the EU
Over the past 50 years, which of the following groups of workers has become smaller?
With an expected increase in minority ethnic populations, marketers are likely to place a greater emphasis on _______
The diversity segment of ________ is expected to grow as a result of the aging baby boomer population.
A country with a(n) ________ economy consumes most of is own agricultural and industrial outputs and offers few market opportunities.
Which of the following groups of expenses uses up most household income?
The natural resources that are needed as inputs by marketers or that are affected by marketing activities are referred to as the ________
Which of the following represents the most dramatic force shaping a modern marketer's destiny?
Marketers should be aware of laws, government agencies, and pressure groups that influence or limit various organizations and individuals in a given society. This is the ________ environment.
As marketing manager for Laser Industries, you should be aware that legislation affecting business around the world will continue to ____
The recent rash of business scandals and increased concerns about the environment have created fresh interest in the issues of ________ and ________
The primary concern with the boom in e-commerce and Internet marketing is _____
A society's basic values, perceptions, preferences, and behaviors are all part of its ________ environment
A society's ________ are expressed in how people view themselves, organizations, society, nature, and the universe.
Marketers can take a(n) ________ by taking positive action to affect the publics and forces in their marketing environments.
Currently, Diego Calabresa is employed by a firm that conducts marketing research and creates ads for other companies that help them target and promote their products to the right markets. Who is Diego's employer?
Baby boomers were born between the years 1946 and ____________.
In what way(s) might the Spanish citrus growers rely on marketing intermediaries?
The ________ environment consists of factors that affect consumer purchasing power and spending patterns.
A consumer organization, environmental group, or minority group has challenged your firm's stand on a local issue. This is the ________ public.
Which demographic group is referred to as the echo boomers?
Value marketing is the strategy of offering consumers _______.
Members of which of the following groups are more likely than the general population to have professional jobs, own a vacation home, own a notebook computer and own individual stocks?
Rachel works for a wholesale company called Distribution Unlimited. She is responsible for buying and selling goods at a profit to small retailers. What is her market?
Companies that do not keep up to date with the _______ environment may miss new product and market opportunities and find their current products outdated.
French company Carrefour, Europe's largest retailer, has successfully launched its stores in Poland, Romania, Italy, Spain and other nations. This is an example of how Carrefour is pursuing ________ as a growth strategy.
Erns Engel's laws generally have been suported by recent studies. He discovered that as family income rises, the percentage spent on __________ declines and the percentage spent on _______ remains about constant.
Population shifts interest marketers because people in different regions ___________ differently.