The document discusses the international marketing environment and its key factors. It describes the international marketing environment as consisting of global forces like economic, social, cultural, legal, and geographical forces that influence international marketing decisions. These factors can be classified into three categories: global factors, domestic factors, and organizational factors. Global factors relate to the world economy and macroenvironment, while domestic and organizational factors relate to the domestic uncontrollable environment and internal marketing environment respectively. A manager dealing with international marketing must consider these forces and their impacts when designing marketing strategies and mixes.
The document discusses the international marketing environment and its key factors. It describes the international marketing environment as consisting of global forces like economic, social, cultural, legal, and geographical forces that influence international marketing decisions. These factors can be classified into three categories: global factors, domestic factors, and organizational factors. Global factors relate to the world economy and macroenvironment, while domestic and organizational factors relate to the domestic uncontrollable environment and internal marketing environment respectively. A manager dealing with international marketing must consider these forces and their impacts when designing marketing strategies and mixes.
The document discusses the international marketing environment and its key factors. It describes the international marketing environment as consisting of global forces like economic, social, cultural, legal, and geographical forces that influence international marketing decisions. These factors can be classified into three categories: global factors, domestic factors, and organizational factors. Global factors relate to the world economy and macroenvironment, while domestic and organizational factors relate to the domestic uncontrollable environment and internal marketing environment respectively. A manager dealing with international marketing must consider these forces and their impacts when designing marketing strategies and mixes.
RIQUE Y SUMEET Date of delivery: December/ 3rd/2020 International marketing environment consists of global forces, such as economic, social, cultural, legal, and geographical and ecological forces, that affect international marketing decisions. International marketing environment for any marketer consists of internal, domestic, and global marketing forces affecting international marketing mix. Factors of International Marketing Environment can be classified into three categories namely: Global Factors (International Uncontrollable Environment), Domestic Factors (Domestic Uncontrollable Environment) and Organisational Factors (Internal Marketing Environment). Global Factors are related to the world economy. Every aspect of marketing decision is also influenced by global factors. The main global factors include Micro and Macro Environment. For Ex: A manager who deals with international marketing has to design his marketing mix and marketing mix strategies in accordance with these forces. He also has to keep in mind about the impact of such forces on his marketing decisions and also the levels of opportunities and threats needs to be taken into consideration. Market competition exists when two or more firms sell same or similar products and services. The companies must take into account the way they approach the customers and sell their products to the customer, what price and product differentiation they have for their customer. These factors can be taken into account to get edge over their competitors. the technological factors as the knowledge and skills used in production of goods. The technology and materials used in production of goods and services Analysis They are the main external and uncontrollable factors that influence the organization's decision- making, affecting its performance and strategies. It consists of the great social forces that influence the entire microenvironment such as demographic, economic, natural, technological, political and cultural. globalization, new technological tools, telecommunications, logistics models, makes the world create new business models to satisfy the needs, desires and motivations of new consumers. International trade has never before had such a broad and simultaneous impact between countries, companies and individuals that it has today. in a time of globalization and high competitiveness of products or services, as is the changing world of marketing. In the macroenvironment of international marketing, suppliers, intermediaries, the market and the marketing program are important. The micro-economic factors and macro-economic factors during decision-making process as these forces have a major effect on the marketing campaigns success. Thus marketing environment forces can play a vital role in the success of a business, its marketing strategies, marketing campaigns and its branding.
Bibliografía: RIQUE AND SUMEET . (February 9, 2019). International Marketing
Environment. DECEMBER/3rd}72020, de Global Marketing Professor Global Marketing Alvarez Ramírez Luis Fernando 6°01
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