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Ricky Rivas
on Nov 22, 2024

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The six major external factors that can influence the marketing environment of a firm are: economic factors, demographic factors, technological factors, political factors, legal factors, and sociocultural factors.

External Factors

External influences that can impact a business or system, including economic, social, political, and environmental conditions.

Marketing Environment

The external factors that affect a company's ability to engage and transact with its targeted customers, including social, economic, technological, competitive, and regulatory forces.

  • Identify the importance of external influences on the marketing landscape.
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Kristen BlumenstockNov 24, 2024
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