briefly discuss how the economic factors, technology & innovation, political & legal factors, and the competitive factors as part of the marketing environment impact the firms. Please support your answers with real life examples.
briefly discuss how the economic factors, technology & innovation, political & legal factors, and the competitive factors as part of the
Also, in May 2018, the European Union passed the General Data Protection Regulation (GDPR). Please play the video on “EU GDPR Compliance & Consumer Privacy” and discuss its implications to global consumers and how concerned are you about your online privacy when visiting a website? https://www.youtube.com/watch?v=Assdm6fIHlE
The factors like economic, technology, political, legal factors and competitive factors directly impact the firms as a whole. Every firm has to go tackle these factors to reach its ultimate goals and objectives in the market. It is pervasive in nature irrespective of its nature, size, type.
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