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Partial Analyzing the Marketing Environment

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Submitted By jowellcanon
Words 1165
Pages 5
December 13, 2014

Topic: Chapter 3: Analyzing the Marketing Environment
Subject: Marketing Management
Prepared by: Joel Gapit Cañon
Professor: Dr. Antonio S. Valdez
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MBA School Year: 3rd Semester2014-2015

Learning Objectives: (2nd part allocated reports / continuation)

* Identify the marketing trends in the firm’s natural resources and technological environments. * Explain the key changes that occur in the political and cultural environments. * Discuss how companies can react to the marketing environment.
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Natural Environment –involves natural resources that are needed as inputs or that are affected by marketing activities.

Natural resource economics focuses on the supply, demand, and allocation of the Earth’s natural resources. Its goal is to gain a better understanding of the role of natural resources in the economy. Learning about the role of natural resources allows for the development of more sustainable methods to manage resources and make sure that they are maintained for future generations. The goal of natural resources economics is to develop an efficient economy that is sustainable in the long run.

Importance of Environment
This diagram illustrates how society and the economy are subsets of the environment. It is not possible for society and economics systems to exist independently from the environment. For this reason, natural resources economics focuses on understanding the role of natural resources in the economy in order to develop a sufficient and sustainability economy that protects natural resources.

Types of Natural Resources

Natural resources are derived from the environment. Some of the resources are essentials to survival, while others merely satisfy societal wants. Every man-made product in an

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