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consists of institutions and other forces that affect a society’s basic values, perceptions, preferences, and behaviors.
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This consists of laws, government agencies, and various pressure groups that influence or limit various organizations and individuals in a given society.
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is the Financial environment and the natural resources that are needed as inputs by marketers or that are affected by marketing activities.
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is important in segmenting people by lifestyle
or life stage instead of age.
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Demographic environment involves people, and people don’t make up markets.
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is the study of human populations—size, density, location, age, gender, race, occupation, and other characteristics.
