Question: You work for a firm that is in the process of developing a marketing strategy. You have been tasked with finding environmental trends and identifying
You work for a firm that is in the process of developing a marketing strategy. You have been tasked with finding environmental trends and identifying specific factors that will influence the development of your marketing strategy.
- Specify an industry and research to identify environmental factors from at least three trends related to three unique domains below (dont just give three trends for one domain):
- sociocultural forces and demographic shifts
- economic trends
- competitive trends
- science and technology
- political and legal
- major global forces.
- Describe and justify how these environmental factors will influence a marketing strategy. Be sure to cite your sources.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
