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book Marketing: Custom Edition for Texas A&M University 17th Edition by William Pride,Ferrell cover

Marketing: Custom Edition for Texas A&M University 17th Edition by William Pride,Ferrell

Edition 17ISBN: 978-1285895321
book Marketing: Custom Edition for Texas A&M University 17th Edition by William Pride,Ferrell cover

Marketing: Custom Edition for Texas A&M University 17th Edition by William Pride,Ferrell

Edition 17ISBN: 978-1285895321
Exercise 2
What are the forces in the marketing environment? How much control does a marketing manager have over these forces?
Explanation
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Forces of the marketing environment are given below:
1. Sociocultural forces
2. Economic forces
3. Political forces
4. Legal and regulatory forces
5. Competitive forces
6. Technological forces
A marketing manager should have a proper hold over all these forces. Lack of control leads the firm to failure, so it is important to have knowledge of and control over the above forces.
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Marketing: Custom Edition for Texas A&M University 17th Edition by William Pride,Ferrell
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