What marketing strategies a monopolist, like DeBeers, could use to influence total market supply? 4. As above, how these marketing strategies could change supply?

What are the main advantages of a market-oriented approach Why might a market-oriented approach be unsuccessful?

In a situation where demand exceeds supply , which marketing orientation would you expect most firms to have? Why? Give examples?

List and briefly describe 4 variables from the external marketing environment. Provide a brief description of how each of the variable that you list may be able to influence marketing decisions. For example, if you include "technology" as one of your variables from the external marketing environment, you could describe the manufacturing of micro chips that are in many of the products that people use daily, i.e., the camera in your vehicle that shows you what is behind you when you back up uses a micro chip. Many chips are manufactured internationally. Recently, Congress supported legislation that enhances production of micro chips here in the United States. Accessibility to micro chips, enhanced product features, such as rear view alerts for drivers, also enhances product development and innovation. All of the example impacts several aspects of marketing. Then, in your answer, you would list at least two aspects of marketing that can be impacted based on the information in the…