Marketing Environment

 

Objectives

Upon completing of this unit, the student will be able to:

● Define marketing and distinguish it from sales.

● Identify specific forms of competitive advantage in products and services.

● Define a target market.

● Define the marketing mix and explain each of the 7Ps.

● Explain the link between strategic planning and marketing.

● Discuss the socio-political, economic and competitive forces of the external marketing environment

● Explain various approaches to ethical decision making.

● Discuss the role of social responsibility in marketing plans.

 

 

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