Answer should be , How the LEGO company apply those Environmental Forces to its product Cite 2 an example each How they apply it to their product Company LEGO ENVIRONMENTAL FORCES EXERCISE Demographic Definition Statistical data on a population according to characteristics such as gender, age, ethnicity, income, education, and occupation Application to Product 1 2 Socio Cultural Definition Cultural values, ideas, and attitudes, as well as society's morals and beliefs Application to Product 1 2 Economic Definition The collective income, expenditures, and resources that affect the cost of running a business or a household Application to Product 1 2 Technological Definition Inventions from science or engineering research Application to Product 1 2 Competitive Definition Alternative products that can satisfy a specific market's needs Application to Product 1 Regulatory Definition Regulations placed on marketing practices by government and industry associations Application to Product 1 2

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Question: Answer should be , How the LEGO company apply those Environmental Forces to its product . Cite 2 an example each . How they apply

Answer should be , How the LEGO company apply those Environmental Forces to its product . Cite 2 an example each . How they apply it to their product ?

Company: LEGO

ENVIRONMENTAL FORCES EXERCISE

Demographic

Definition - Statistical data on a population according to characteristics such as gender, age, ethnicity, income, education, and occupation.

Application to Product

Socio-Cultural

Definition - Cultural values, ideas, and attitudes, as well as society's morals and beliefs.

Application to Product.

Economic

Definition -The collective income, expenditures, and resources that affect the cost of running a business or a household.

Application to Product

Technological

Definition - Inventions from science or engineering research.

Application to Product

Competitive

Definition - Alternative products that can satisfy a specific market's needs.

Application to Product

1..

Regulatory

Definition - Regulations placed on marketing practices by government and industry associations.

Application to Product

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