Describe the elements of a company's marketing environment and discuss why marketers play a critical role in tracking environmental trends and spotting opportunities.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Exercise 2.1
Use a separate sheet of paper for your answer/s.
1. Describe the elements of a company's marketing
environment and discuss why marketers play a critical role in
tracking environmental trends and spotting opportunities.
2. List some of the demographic trends of interest to marketers
in the Philippines and discuss whether these trends pose
opportunities or threats for marketers.
3. Discuss current trends in the natural and economic
environment that marketers must be aware of and provide
examples of company responses to each trend.
23
Transcribed Image Text:Exercise 2.1 Use a separate sheet of paper for your answer/s. 1. Describe the elements of a company's marketing environment and discuss why marketers play a critical role in tracking environmental trends and spotting opportunities. 2. List some of the demographic trends of interest to marketers in the Philippines and discuss whether these trends pose opportunities or threats for marketers. 3. Discuss current trends in the natural and economic environment that marketers must be aware of and provide examples of company responses to each trend. 23
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