Examlex
Give an example of how each of the five environmental forces can impact an organization's marketing environment.
Steel
A hard, strong alloy made primarily of iron and carbon, used extensively in construction and manufacturing.
Imports
Goods and services that are brought into a country from abroad for sale.
Price
The amount of money required to purchase a product or service.
Consumer Surplus
The discrepancy between what consumers are prepared and capable of paying for a product or service and what they end up actually paying.
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