Political-social and technological and a product category

Assignment Help Microeconomics
Reference no: EM13692316

Select one of the microenvironments of marketing described in the lecture, such as demographic, cultural, economic, political, social, and technological, and a product category. What do you think are the three major trends in the environment that have the potential to impact the marketing of the selected product category?

Can the demand for this product change? Why? Would this demand impact the immediate environment for it? What new competitors, if any, will emerge for it? How should a firm in that product category adapt their product to anticipate the impact on these changes?

Reference no: EM13692316

Questions Cloud

Which type of business organization is best for buddy : Buddy operates a handyman business performing various home repairs and renovations. Buddy is successful and has enough loyal customers to keep him busy, along with at least two workers. Buddy occasionally rents out some of his small equipment to othe..
Why is freedom an important ethical issue in marketing : Explain the basis of privities. What are the limitations to relying on privities as a basis of consumer recourse? Why is freedom an important ethical issue in marketing? Describe how the consumer's freedom may be transgressed by marketing.
Empirical regularity is the standard case : What does the Marshall-Lerner condition look like if the assumption that changes in the exchange rate are relatively small does not hold. Show the modified equation and explain how it is different - and how it makes a difference - compared to the sta..
Political-social and technological and a product category : Select one of the microenvironments of marketing described in the lecture, such as demographic, cultural, economic, political, social, and technological, and a product category.
Compute the value of the paasche price index : We are given the following information about prices and quantities consumed for four commodities over the last three years\: Commodity Price (c/kg) Quantity (kg) 1992 1993 1992 1993
What is the real exchange rate : Normal 0 false false false EN-US X-NONE X-NONE Suppose the us dollar-yen e..
Probability distributions are often used in modeling risk : Normal 0 false false false EN-US X-NONE X-NONE Probability distributions a..

Reviews

Write a Review

Microeconomics Questions & Answers

  A lithium cartels curve

A lithium cartel’s curve is given by P = 2400 – 40Q. Each member’s cost of supplying lithium is AC = MC = $400.

  What would affect the size of the government purchase

suppose investment, in addition to having an autonomous component, also has a component that varies directly withthe level of real GDP. How would this affect the size of the government purchase and net tax multipliers

  Marginal product of capital and product

Manger wants to lower the costs of production, the manager should use an equal number of workers and machines

  What ways does economics class relates to the real world

In what ways does economics class relates to the real world? How does knowledge gained from economics teaching been valuable in helping somone understand or evaluate events or policies?

  Q1 what are the three tools the federal reserve uses to

q1. what are the three tools the federal reserve uses to change the money supply and insert rates in the economy? which

  What will happen to the short-run profit of the sushi

Local steakhouses suffer from the popularity of sushi and start incurring losses. What will happen to the number of steakhouses in town in the long run? Explain your answer.

  Type your question here on the basis of trends in bank

type your question here on the basis of trends in bank branches does the public appear to have more or less access to

  Describe money supply in banking system?

How much money can his bank lend out initially? How much total money supply will change eventually in the whole banking system?

  Describe two problems with banks as international lenders

Economic Colleagues, first, pick one of the following: explain two effects of an open economy on monetary and fiscal policy, or evaluate the role banks play in world financial markets.

  Write down the four assumptions in production possibilities

what are the four assumptions in the production possibilities curve and how can unemployment be illustrated with that

  Determine the present value of stream of

An owner can lease her building for $120,000 per year for three years. The explicit cost of maintaining the building is $40,000, and the implicit cost is $55,000. All revenues are received

  Explain equation of the demand curve

Based on the demand curve for asparagus above, what is the relationship between asparagus and good Z? What is the equation of the demand curve for asparagus if the price of good Z is $20?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd