Marketers monitor the technological environment to stay informed about emerging trends, innovations, and tools that can impact consumer behavior and market dynamics. Understanding technological advancements helps them identify new opportunities for product development, enhance customer engagement, and improve operational efficiency. Additionally, keeping an eye on competitors' technological strategies allows marketers to adapt and maintain a competitive edge. Ultimately, this vigilance ensures that marketing efforts align with evolving consumer expectations and market conditions.
Components that make up the marketing environment are the competitive environment, political/legal environment, economic environment, technological environment, and social/cultural environment.
Competitive, political-legal, economic, technological and social-cultural
marketers can create wants ? support your ans
which type of customers do business marketers not service
a service can benefit marketers very much because it give the marketers the customer loyalty,customer retention,customer satisfaction ans so on and so fourth.
By technological environment , we mean where cluster of IT,software/hardware companies is there,suggesting an environment of technological fervor,showing latest technological upgradation and its applications in practical field.
The revolving turret
bureaucracy and braindrain
Sensory neurons are the type of neurons that have the ability to monitor the environment. They are specialized to detect stimuli from the external or internal environment and transmit this information to the brain for processing.
Components that make up the marketing environment are the competitive environment, political/legal environment, economic environment, technological environment, and social/cultural environment.
A technological environment refers to the collection of technological factors and innovations that influence an organization or industry. This includes the tools, systems, and processes that facilitate operations, as well as the broader technological trends that affect market dynamics and consumer behavior. It encompasses advancements in areas such as information technology, automation, and telecommunications, which can impact productivity, competitiveness, and strategic decision-making. Understanding the technological environment is crucial for organizations to adapt, innovate, and thrive in a rapidly changing landscape.
The technological environment consists of those forces that affect the technology and which can create new products, new markets, and new marketing opportunities.
Marketers should scan the environment to identify emerging trends, consumer behaviors, and competitive dynamics that can impact their strategies and business outcomes. This proactive approach allows them to adapt to changes, seize new opportunities, and mitigate potential threats. Additionally, understanding the external environment helps marketers align their messaging and offerings with the evolving needs and preferences of their target audience. Ultimately, environmental scanning enhances decision-making and fosters more effective marketing campaigns.
Technological Environment, Economic Environment, Sociocultural Environment, Institutional/Political Environment, International Environment, Ecological Environment
girls
technological, economical, sociocultural, political factor
Google Greenpeace. They have tons of articles about this stuff.