Marketing Q&A - Ilearnlot

How does an Organization Create a Customer for Business

“Without customers, you don’t have a business.” It is such a simple, nevertheless, a scary thought. Essentially, “Create a customer” means identifying needs in the market, to find out that…

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Q. Explain Macroenvironment in Marketing.

Posted on June 2, 2018January 12, 2019
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byilearnlot

Question: Explain Macroenvironment in Marketing. Answers: A macro environment is a condition that exists in the economy as a whole, rather than in a particular sector or region. In general, the…

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Marketing Q&A

Q. Explain Microenvironment in Marketing.

Posted on June 2, 2018
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byilearnlot

Question: Explain Microenvironment in Marketing. Answers: The microenvironment in marketing consists of five components. The first is the organization’s internal environment—its several departments and management levels—as it affects marketing management’s decision…

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