Marketing Management Online Quiz Help
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Marketing management is concerned with all the activities and the functions that are related to the sales and distribution of a product. It deals with better methods to devise new strategies that can prove to be fruitful for the sale of the product. Marketing management is one of the spearhead factors governing the marketing performance in business enterprises. The importance of marketing management is described in Marketing Management Online Quiz Help. The detailed definition of the marketing management is given in Marketing Management Online Quiz Help. Clients who are looking for various notes regarding marketing management can refer Marketing Management Online Quiz Help.
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Various environmental factors of Marketing Management
The Marketing Management has many environmental factors out of which some are enlisted in the Marketing Management Online Quiz Help as below
1. Economy: – Local, national and global economies are three greatest environmental factors that influence marketing in a lot of ways. The way these three factors are dealt with can be used to judge the marketing capability of the company. The local and national economies influence the decision of how much expendable income has to be spent by the consumer base and the fear of spending that expendable income.
2. Laws and Government: – A change in the laws can hugely modulate the marketing strategies in any business. The implementation of new restrictions can put your customer in an ambiguous position, whether to purchase your product or not. And hence it can affect the sales of the product.
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