Marketing Enviroment

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description

External & Internal Marketing Enviroment

Transcript of Marketing Enviroment

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The environmental factors that are affecting marketing function can be classified into:

1) Internal environment and2) External environment 

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Internal Environment of Marketing

Factors existing within a marketing firm. Also called as controllable factors, because the company has control over these factors:

Top ManagementFinance and AccountingResearch and DevelopmentManufacturingPurchasingCompany Image and Brand Equity

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External Environment of Marketing

External factors are beyond the control of a firm its success depends to a large extent on its adaptability to the environment.

The external marketing environment consists of:

a)Macro environment b) Micro environment

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