marketing environment analysis pdf


2 0 obj << /Rotate 0 x=i`,Y{Q)L:]dgAUVU9S%5rSh]cK#I0i?l~q7?7?tv?>?bdZ?*U]LO?WO~\O?'FZFJxplzi^{|Y_@+F(~Mx2'8 Rw>|pr3o|H 7"^RmD="r`$RB{#_I$_>+X-\1HJLB5k[ o?TzVD52G]=";^j TY]j[Li4f=3YYD1_}7[qJfuuli+X0t)o2!5IiVrL! 2 0 obj 1 0 obj perceptual map positioning bank interpreting task activity This relates to skill sets and abilities and processes that the firm has AND is really good at. ins.dataset.adChannel=cid;if(ffid==2){ins.dataset.fullWidthResponsive='true';} %PDF-1.5 sw@D`*;sC/3\+8q1qd /T1_4 273 0 R hbbd``b`$B2@Ho@U$vX@OJA@=H\F 6^ np Ae`,' |c /TT0 286 0 R /T1_8 218 0 R /Fm11 82 0 R >> /Fm10 80 0 R /ExtGState /Font % /GS6 53 0 R %PDF-1.5 % %PDF-1.4 Examples of capabilities would include: innovation skills, speed to market, brand building expertise, data/marketing insights, cost efficiencies and processes, customer relationships, use of new technologies, and so on. /Contents 2 0 R /T1_2 222 0 R /Fm4 94 0 R >> %%EOF /Fm13 86 0 R /Fm7 100 0 R Are you suited for a career in marketing? What is important to management needs to be taken into consideration, as they are the ultimate approvers of competitive marketing strategy. /T1_3 221 0 R 2q10u5u*11;K| 4[pRd)Xm! /Fm1 214 0 R I^q&Y1-)S>Y\t_o! C;@hp`*RfP 0BDu Pp{)I8@R@,6-j.ve%. /C2_0 285 0 R ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); The current marketing strategy and its degree of success needs to be evaluated. The main factors to consider when analyzing the internal environment in marketing are:if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[728,90],'marketingstudyguide_com-medrectangle-3','ezslot_1',128,'0','0'])};if(typeof __ez_fad_position!='undefined'){__ez_fad_position('div-gpt-ad-marketingstudyguide_com-medrectangle-3-0')}; Resources is a broad term that refers to what the organization has. << /StructParents 1 ins.dataset.adChannel=cid;if(ffid==2){ins.dataset.fullWidthResponsive='true';} <> /GS4 43 0 R It is particularly valuable in service firms that rely on customer employee interaction and in organizations that rely upon innovation and improved operations being delivered by key staff. This study guide is a comprehensive discussion (along with many examples) of the key aspects of marketing as covered across various textbooks and study programs. /Fm9 104 0 R /Fm8 102 0 R /Properties /GS5 48 0 R stream /Group 105 0 R /Filter/FlateDecode In marketing terms, we are particularly interested in: product range, brand equity, financial position, customer loyalty, customer base size, retailer relationships retailer relationships, access to technology, manufacturing skills and innovation, and so on. /GS7 58 0 R /T1_0 224 0 R /T1_1 223 0 R /GS8 63 0 R l3Z:{ ?"(/^&O^g[;-9_a3"j"e8QmN4Da. << O> \/{GPa;`,"\$e`Kl~@]wd}A>uC2C$'[/5e%)GYeMQ`Q(+ =}\FDY)S73r(%6C3$d`my=%}-F! 'nb&P$lAG$ p@Bh0UP7J9g<62%&4A4 Top management values are evident by the overall corporate culture of the organization, which is influenced and guided by management views.var asau='6680823491';var cid='5555579209';var pid='ca-pub-7748027231351588';var slotId='div-gpt-ad-marketingstudyguide_com-banner-1-0';var ffid=1;var alS=1030%1000;var container=document.getElementById(slotId);container.style.width='100%';var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;if(typeof window.adsenseNoUnit=='undefined'){ins.dataset.adSlot=asau;} /Fm14 88 0 R /Fm3 92 0 R In other words, it should be a list and review of what the firm has to work with. For example, some key people in management might see innovation and change as critical to success, but top level management in other organizations may be quite conservative and risk adverse. << The internal environment in marketing refers to components INSIDE the firm that are unique to the firm. << 208 0 obj <>stream /Fm0 215 0 R endobj >> << /MC0 76 0 R /ArtBox[0 0 535.748 697.323] 178 0 obj <>/Filter/FlateDecode/ID[<78E6A207C7874DDB054EBF1CE36EEA87><29C481C10F0A8444826C86203255A0E8>]/Index[150 59]/Info 149 0 R/Length 125/Prev 462818/Root 151 0 R/Size 209/Type/XRef/W[1 2 1]>>stream <>>> /GS10 7 0 R This should be a fundamental building block of the firms marketing strategy as it will create opportunities for sustainable competitive advantage in the marketplace. c1#QOCd D`jU_U}u}~~ i]VMahACWd%)b)1*KhzjUl~dA[D%R$SBkDLm I8Xe$E*epR[;>cedFq2T=9sx. [3@;7zOs90-xVG~'\poCkG8 l77K3R@2.Rh4fCGjg?yx$fJTYa1 @&T\a@L-az S#;WL8Va8$$,-gl2vmMkvX 4#=S8:y^E KJYjpnBoDkh+N8mjRyoWzY,{8Mjw@oI^gOHdAER4dD',[fw KF=Jx>*W6rMXd5-|! Gp*)YFJ 3 0 obj This is related to resources above, but is a closer focus on human resources. 150 0 obj <> endobj 0 Sometimes it is very profit and growth driven, but for some organizations there could be a social goals aspect as well. /TrimBox[0 0 535.748 697.323] >> /MC1 78 0 R ':XV|tx4~$ Play the Marketing Trivia Quiz! <> /GS0 277 0 R Firms that do not consider the internal environment when structuring their marketing strategy will end up with a very generic strategy one that is similar to other organizations in the same market and will not draw upon their unique strengths and competitive advantages. /T1_6 220 0 R /Parent 267 0 R hb```f``b`e` @1V Other stakeholders to consider would include employees and what is important to them which needs to be understood, particularly for a service firm.var asau='6680823491';var cid='5555579209';var pid='ca-pub-7748027231351588';var slotId='div-gpt-ad-marketingstudyguide_com-large-leaderboard-2-0';var ffid=1;var alS=1036%1000;var container=document.getElementById(slotId);container.style.width='100%';var ins=document.createElement('ins');ins.id=slotId+'-asloaded';ins.className='adsbygoogle ezasloaded';ins.dataset.adClient=pid;if(typeof window.adsenseNoUnit=='undefined'){ins.dataset.adSlot=asau;} /GS1 278 0 R /Length 2772 /Fm2 90 0 R endobj Management values refers to the top management/executive of the organization and how they view strategy and what is important to the organization. /Fm6 98 0 R /GS11 12 0 R Take the career quiz! /T1_5 274 0 R Obviously, successful strategies primarily need a fine-tuning only, whereas unsuccessful or weakening strategy positions would need substantial revision. "?wRE{1J BTmZ5pG(\An ~% {-DN>k{~*&0v-v` How well is the current strategy working given the firms internal and external environments? /Fm5 96 0 R /Fm12 84 0 R /GS14 27 0 R /T1_7 219 0 R Think you know marketing? /GS2 32 0 R o ins.style.display='block';ins.style.minWidth=container.attributes.ezaw.value+'px';ins.style.width='100%';ins.style.height=container.attributes.ezah.value+'px';container.appendChild(ins);(adsbygoogle=window.adsbygoogle||[]).push({});window.ezoSTPixelAdd(slotId,'stat_source_id',44);window.ezoSTPixelAdd(slotId,'adsensetype',1);var lo=new MutationObserver(window.ezaslEvent);lo.observe(document.getElementById(slotId+'-asloaded'),{attributes:true}); In terms of stakeholder goals, we need to consider the owners/shareholders of the business and what they trying to achieve. << >> endstream endobj startxref /Type/Page /GS12 17 0 R ?Bjm>F/F~yFs@XuVV+Uf&.Fho\oz}fr0U-d&C0tnKJN~6lvCSb"k_ stream This free study guide has been prepared to meet the information needs of university-level marketing students throughout the world. endobj /XObject /CropBox[0 0 535.748 697.323] /GS3 37 0 R {6z9z5?p]"m2ta=X2][lKm`7+x;h"=G`vHI;m58js+b5mX`8Wmb5|([sm%+@ 5ujv`;jz{xq@qZW1W'|#A,WoF,i,.9CeS)R-SWELVyPqFX r?6gYRJ0*(*ToPY*F3SF 2a=%W6k*EWK1 /GS13 22 0 R 1 0 obj /Resources >> HWYo~'$fs![b0! <>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 4 0 obj U:Gmq:H;Dqq jj6Y%WUYaw/2(VzRr6q]--?1y?"%Z"Su;)D % /ProcSet[/PDF/Text] An analysis of the internal environment is critical in the development of marketing strategy to ensure to ensure that the firms strategy is based upon its situation, resources and goals. endobj /GS9 68 0 R MgL2A /MediaBox[0 0 535.748 697.323] >> oB /BleedBox[0 0 535.748 697.323]