28) The environmental management perspective states that the marketing environment is an
uncontrollable element to which they must adapt.
29) Almost every aspect of marketing involves ethical and societal issues.
30) Good marketers have two methods – marketing intelligence and marketing research – for
collecting information about the environment.
31) Existing laws concerning marketing abuses are often difficult to enforce.
32) Hotel developers generally have lower barriers to entry than restaurant developers.
33) A company could see its competition as all other companies that compete for the consumer
dollar.
34) Marketing services agencies include banks and credit companies that help hospitality
companies finance their transactions.
35) Hotel marketers could see the accounting department as a part of their microenvironment.
36) One component of the marketing microenvironment are groups both within and external to
the company. Who are these major players in a company’s microenvironment?
37) Describe important factors in the marketing macroenvironment.
38) Differentiate between the basic marketing intermediaries.
39) Distinguish among the five types of customer markets.
40) Why is the study of customer demographics important to marketers?