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Market environment information


Market environment and business environment are marketing terms that refer to factors and forces that affect a firm's ability to build and maintain successful customer relationships. The business environment has been defined as "the totality of physical and social factors that are taken directly into consideration in the decision-making behaviour of individuals in the organisation."[1]

The three levels of the environment are as follows:

  1. Internal environment – the internal elements of the organisation used to create, communicate and deliver market offerings.
  2. External micro environment – Local forces that affect its ability to serve its customers.
  3. External macro environment – larger societal forces that affect the survival of the organisation, including the demographic environment, the political environment, the cultural environment, the natural environment, the technological environment and the economic environment.[2][3] The analysis of the macro marketing environment is to better understand the environment, adapt to the social environment and change, so as to achieve the purpose of enterprise marketing.[4]
  1. ^ Cite error: The named reference :4 was invoked but never defined (see the help page).
  2. ^ Kotler, Armstrong, Philip, Gary. Principles of Marketing. ALEBASH.{{cite book}}: CS1 maint: multiple names: authors list (link)
  3. ^ Greg Elliott, Sharyn Rundle-Thiele, David Waller, Sandra Smith, Liz Eades, Ingo Bentrott. Marketing, 4th Edition. ISBN 9780730362999.{{cite book}}: CS1 maint: multiple names: authors list (link)
  4. ^ "What is marketing environment? Definition and meaning".

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Market environment

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Market environment and business environment are marketing terms that refer to factors and forces that affect a firm's ability to build and maintain successful...

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Environment

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places Social environment, the culture that an individual lives in, and the people and institutions with whom they interact Market environment, business term...

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Marketing

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the environment surrounding the product, the results of marketing research and market research, and the characteristics of the product's target market. Once...

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Natural environment

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The natural environment or natural world encompasses all living and non-living things occurring naturally, meaning in this case not artificial. The term...

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Retail

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opportunities in the competitive environment, market environment, economic environment and statutory-political environment. The retail strategy is normally...

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Initial public offering

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auction fares any better than the traditional IPO in an unwelcoming market environment. A Dutch auction IPO by WhiteGlove Health, Inc., announced in May...

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Wet market

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been implicated in the 2002 SARS outbreak; it is thought that the market environment provided optimal conditions for the coronaviruses of zoonotic origin...

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The Market Opportunity Navigator

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attractiveness of potential market opportunities, and strategically planning for growth while remaining agile in a dynamic market environment. MON guides decision-making...

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Captive market

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therefore applies to any market where there is a monopoly or oligopoly. Examples of captive-market environments include the food markets in cinemas, theme parks...

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Business transformation

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in how business is conducted in order to help cope with shifts in market environment. However this is a relatively narrow definition that overlooks other...

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Panasonic

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battery supplier to Tesla has been diminished amid the changes in market environment, such as the rises of the competitors from South Korea and China and...

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Brand loyalty

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regardless of deficiencies, a competitor's actions, or changes in the market environment. It can also be demonstrated with other behaviors such as positive...

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Economy of Mongolia

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per 15,257 residents as of May 2015. With a strengthening capital market environment, many foreign and local investment institutions have begun to establish...

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Tin

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ITC dissolved soon afterward, and the price of tin, now in a free-market environment, fell to $4 per pound and remained around that level through the 1990s...

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Desktop environment

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the Lisa, Apple introduced a desktop environment on an affordable personal computer, which also failed in the market. The desktop metaphor was popularized...

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New York Stock Exchange

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Stock Exchange), acts as an auctioneer in an open outcry auction market environment to bring buyers and sellers together and to manage the actual auction...

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Marketization

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or marketization is a restructuring process that enables state enterprises to operate as market-oriented firms by changing the legal environment in which...

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New product development

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understanding of customer needs and wants, the competitive environment, and the nature of the market. Cost, time, and quality are the main variables that drive...

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Market design

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Market design is a practical methodology for creation of markets of certain properties, which is partially based on mechanism design. In some markets...

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Hauz Khas

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offers both rural Hauz Khas Village and urban Hauz Khas Enclave, Market environments. Hauz Khas is surrounded by Green Park, SDA (Sri Aurobindo Marg)...

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Theory of the firm

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system to the market-price mechanism when it is more efficient to produce in a non-market environment. For example, in a labor market, it might be very...

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Market profile

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willing to spend the time and effort in understanding the auction market environment. But that path can well take 10,000 hours of training. A large part...

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Stock market

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A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims...

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Interbank lending market

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The interbank lending market is a market in which banks lend funds to one another for a specified term. Most interbank loans are for maturities of one...

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Vattenfall

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the Netherlands were necessary for a difficult market environment with increasing renewable energy market share and due to the German nuclear power phase-out...

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