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Marketing_L2(2013)

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The Economic Environment

 

Economy

Changes in Consumer Spending

 

 

Income Distribu&on

Infla&on

Gross Income

 

 

Disposable Income

 

 

Discre&onary Income

Recession

 

The Index of Consumer Sen&ment (ICS)

•  Natural environment

Natural resources that are needed as inputs by marketers or that are a ected by marke&ng ac&vi&es

•  Technological environment

Forces that create new technologies, crea&ng new product and market opportuni&es.

•  Poli&cal environment

Laws, government agencies, and pressure groups that influence and limit various organiza&ons and individuals in a given society.

•  Cultural environment

Ins&tu&ons and other forces that a ect society’s basic values, percep&ons, preferences, and behaviors.

Thank you for your aZen&on!

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