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process of acquiring information on events outside the organization to identify and interpret potential trends |
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demographic characteristics of the population and its values, cultural values, women in the workplace |
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description of a population according to characteristics such as age, gender, ethnicity, income, and occupation |
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set of values, ideas and attitudes that are learned and shared among the members of a group |
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generation of children born between 1946- 1964 |
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members of the US population born between 1965- 1976 |
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the 72 million Americans born between 1977 and 1994 |
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marketing programs that reflect unique aspects of different races |
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income, expenditures, and resources that affect the cost of running a business or household |
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income, expenditures, and resources that affect the cost of running a business and household |
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inventions from applied science of engineering research |
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information- and communication-based electronic exchange environment occupied by digitized offerings |
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alternative firms that could provide a product to satisfy a specific market’s needs |
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every company has a similar product |
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many sellers compete with their products on a substitutable basis |
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a few companies control the MAJORITY of an industry |
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when only one firm sells the product |
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restrictions state and federal laws place on business |
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started to increase the influence, rights, and power of consumers |
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alternative to government control where an industry attempts to police itself |
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society is an a period of dramatic technological change |
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inventions from applied science or engineering research |
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information- and communication-based electronic exchange environment occupied by digitized offerings. Uses electronic commerce. |
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company can protect its competitive position in new and novel products under the patent law |
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more than 30 amendments and separate laws relating to food, drugs, and cosmetics |
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more than 30 amendments and separate laws relating to food, drugs, and cosmetics |
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seller requires the purchaser of one product to also buy another item in the line. |
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require a buyer to purchase competitors all or part of its product from one seller for a period of time. |
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