The six major external factors that can influence the marketing environment of a firm are: economic factors, demographic factors, technological factors, political factors, legal factors, and sociocultural factors.
Correct Answer:
Verified
Q12: Direct competition occurs when a product provides
Q13: Rapidly retiring Baby Boomers make up only
Q14: The Democratic Republic of Congo in Africa
Q15: Compared with other generational groups, Baby Boomers
Q16: Economic factors influence almost every marketing decision
Q18: The World Trade Organization was officially formed
Q19: Currency fluctuations can provide marketing opportunities whether
Q20: Projections indicate that by 2050 the Hispanic
Q21: Donations made to nonprofit organizations are not
Q22: A firm that is engaged in environmental
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents