2. MARKETING ENVIRONMENT
Acc. To philip kotlar , “Marketing
environment refers to the external factors
and forces that affects the company’s
ability to develop and maintain successful
relations with customers.
4. Micro Environment
Consists all those factors which
affects market directly.
Also known as internal or controllable
environment.
Organization, Customers , Suppliers,
Intermediary, Competition, Market
5. Macro Environment
Consists all those factors which affects
market indirectly .
Also known as external or uncontrollable
environment.
Political factors, Environmental factors ,
Social factors, Technological factors,
Demographic factors, Natural factors