The five major environmental forces considered in marketing are
A)climate change, natural resources, pollution, natural disasters, and global conflict (war).
B)corporate ownership, internal management, supplier relations, manufacturing capabilities, and consumer demand.
C)product, price, promotion, place, and process.
D)social, technological, economic, competitive, and regulatory.
E)natural resources, weather, social awareness, economic factors, and regulation.

Question

Quizplus · Accepted Answer

The five major environmental forces considered in marketing are social, technological, economic, competitive, and regulatory. These forces shape the market environment and influence the marketing opportunities and challenges faced by organizations. Social factors include demographics, cultural norms, and consumer behavior. Technological factors include innovation and developments in technology that can create new products and industries. Economic factors refer to factors that influence consumer buying behavior such as income, employment levels, and inflation. Competitive factors refer to the actions of competitors in the market, and regulatory factors refer to the laws and regulations that impact marketing activities.

The Five Major Environmental Forces Considered in Marketing Are