4. Demographic
Population growth (P&G in Pakistan)
China birth control measures
Population Age mix (Growing middle class)
Changing family system (consequence to
marketers)
Changing role of women
Literacy levels of population (Better
educated, white collared, more professional)
Increasing Diversity (USA example)
Case in point ‘Singer’ machines
5. Socio cultural
Case in point ‘Islamic Banking’
Disney Japan and Euro case
Coca Cola India case
8. Political & Social
Case in point Food associations
Do Not Disturb
Investment policies
Barriers in trade etc
Socially responsible behavior
Cause related marketing
9. Economic environment
‘Nano’ case. Affordable models launched in India by
Tata motors
Interest in gold as an investment alternative
Economic development (Employment generation,
increase in disposable income)
10. Technological Environment
Forces that create new technologies, creating new
products and market opportunities
Case in point RFID (Radio Frequency Identification)
transmitters used by Wal-Mart
Hinweis der Redaktion
Organic beef producers stepped up marketing claiming that their beef was disease free. Do Not Call by TRAI
Singer machine makers could’ve foreseen the fact that sales will fall for them with more working women and smaller families but they were too slow to respond. Brands like Levis and Titan have tried to realize the need for the Youth i.e. ‘KOOL’ generation and responded with products suited best . Sykes in case of Levis and Fastrack in case of Titan.
Islamic banking follows the Shariah laws strictly. Islam forbids all forms of economic activity which are morally or socially injurious. In particular Usury, the collection and payment of interest. Also no business interest should be had in alcohol or pork selling orginizations.
‘Corporate Environmentalism’ is the recognition of the importance of environment issues facing the firm and the integration of those issues into the firms’ strategic plans. Toyota launched the Prius with hybrid gas and electric engines in 2001 and predicted sales of 300,000 cars within 5 yrs. However it was such a huge hit that it hit a 6 month waiting list.
Once Kumbhakaran slept at the onset of summer. He was bare bodied and wore just a ‘lungi’. In the middle of his sleep he woke up feeling very cold and started shouting at his care takers (servants). Who was at fault? Kunbhakaran for sleeping bare bodied or servants for not closing the windows while he was sleeping?