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PURPOSE AND PERSPECTIVE
In this chapter we examine competitive, economic, political, legal and regulatory, technological, and
sociocultural forces in the marketing environment. First, we define the marketing environment and
consider why it is critical to scan and analyze it. Next, we discuss the effects of competitive forces and
explore the influence of general economic conditions: prosperity, recession, depression, and recovery. We
also examine buying power and look at the forces that influence consumers’ willingness to spend. We
then discuss the political forces that generate government actions that affect marketing activities and
examine the effects of laws and regulatory agencies on these activities. After analyzing the major
dimensions of the technological forces in the environment, we consider the impact of sociocultural forces
on marketing efforts.