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What internal and external factors affect the marketing activities of the firm?
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What are the internal and external factors that impact on marketing activities?
Successful marketing relies on both internal and external factors. Internal factors include the fact that marketing plans must have support and organization to see it completed successfully. An unconvinced management team will not ensure it has the resources of manpower it needs. External factors, focus more on making sure market research has been done. If marketing activities are pushed toward the wrong consumers, the plan will fail. Additionally, a finicky consumer base is hard to target with marketing.
What external factors affect marketing strategy?
There are many external and environmental factors that affect marketing. Some of these include economy, government, supply lines, and consumer trends.
what factors how organizational affects the market?
There are different organizational factors which can affect the market. These can be both internal and external. internal factors include finance, research, and manufacturing. External factors can be political situation, economy, and suppliers plus competitors.
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Macro environent in marketing?
The macro environment in marketing refers to the major external and uncontrollable factors that affect the market environment.
What are the internal and external factors that impact on marketing activities?
Successful marketing relies on both internal and external factors. Internal factors include the fact that marketing plans must have support and organization to see it completed successfully. An unconvinced management team will not ensure it has the resources of manpower it needs. External factors, focus more on making sure market research has been done. If marketing activities are pushed toward the wrong consumers, the plan will fail. Additionally, a finicky consumer base is hard to target with marketing.
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There are internal and external factors for pricing. The internal factors include the manufacturing or purchasing costs while external factors depend on the demand of a product.
How environmental factors affects a companys marketing activities?
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There are both internal and external environmental factors to be considered when writing up a business plan for a corporation. The internal factors include the assets, attitudes and skills of employees, and the structure of the company. The external factors include such areas as technology, marketing, climate, legal, political and demographics.
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External factors influencing foreign policy in Zimbabwe include international alliances, global economic conditions, and regional stability. Internally, factors such as domestic politics, public opinion, and economic challenges can also impact foreign policy decisions.
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