Examlex
Texas Instruments produces electronic chips used in a variety of devices, from cell phones to hand calculators. The specifications of the chips change depending on the final product in which they are utilized. The company is most likely to segment its customers based on:
Environmental Scanning
The process by which businesses monitor and analyze their external environment to identify opportunities and threats.
Technological Environmental Force
Influences in the business environment resulting from changes in technology, impacting how products are produced, marketed, and distributed.
Social Force
Factors arising from societal norms and cultural values that influence individuals' behaviors, attitudes, and interactions within a community.
Environmental Scanning
The systematic process of collecting, analyzing, and using information about external events and trends which can influence an organization's decision-making process.
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