Explain how characteristics of the global economy affect a companys retail operations.

Develop an organizational profile for a companys marketing environment and a short analysis of the value of secondary sources. There is no page limit for this assessment.

Understanding and tracking the marketing environment is a critical marketing function, focusing on the customer as the center of the organizations attention. The organization can, and usually does, adjust its products, pricing, promotion, and place (distribution) to meet customer needs and to react to external forces.

SHOW LESS
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:

Competency 1: Examine the basic marketing models for a business or organization.
Explain how characteristics of the U.S. economy affect a companys retail operations.
Explain how characteristics of the global economy affect a companys retail operations.
Explain how characteristics of the legal and regulatory environment that affect a companys retail operations.
Explain how characteristics of the technological forces affect a companys retail operations.
Competency 2: Relate the importance of an integrated marketing program to the economic impact of a business.
Explain how secondary sources of information can be used in developing an integrated marketing plan.
Analyze the value of secondary sources of information to business economic success.