WHICH OF THE FOLLOWING IS NOT PART OF THE EXTERNAL MARKETING ENVIRONMENT? *
1 point
A) POLITICAL
B) LEGAL
C) PRODUCT
D) SOCIO-CULTURAL
Answers
Answered by
20
hey mate, I hope this will help u
i think that it is product option (c)
i think that it is product option (c)
Answered by
0
Product is not part of the external marketing environment, so the correct option would be (c).
- We employ a framework called PESTLE to make sense of the external environment. This framework is by far the simplest and one of the most used for analysing the outside world. Political, Economic, Sociocultural, Technological, Legal, and Ecological contexts are collectively referred to as PESTLE.
- Politics has an impact on the way the government manages the economy. Political stability, trade restrictions, environmental laws, labour laws, tax policies, and labour laws are some examples of the sectors that fall under the umbrella of political variables.
- Social factors include things like the population growth rate, age distribution, profession inclinations, cultural traits, health consciousness, and safety emphasis. High societal trends have an effect on a company's business operations and the demand for its goods.
#SPJ3
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