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BMKT 161

Research guide for BMKT 161 Environmental Scan

Social & Cultural Research

"The social forces of the environment include the demographic characteristics of the population, as well as consumer lifestyles, cultural values, and beliefs. Changes in these forces can have a dramatic impact on marketing strategy." Kerin, R., Edwards, G., Tibbo, G. (2005). Marketing: The core. McGraw-Hill Ryerson; Toronto. (p. 54).

ASK:

  • What are the consumer trends related to the business/product/service I am researching?
  • What are the overall trends of the consumer regards values and beliefs?

 

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