Which of the environmental factors do you feel is the most critical, and why?

Presentation

“As you know, you and Elena have been brought on to  revitalize the product line for the company. Your role is to create a  winning marketing plan that will allow us to capitalize on the new  product that Elena is designing. The board would like you to discuss  some of the issues that you will be considering as you develop the  marketing plan for the new product. I know they’re especially interested  in your thoughts on the global market.”

“That sounds like a great idea,” you say.

Consider the environmental variables (i.e., technological,  demographic, economic, political, and cultural variables) that you must  include in your marketing plan, and answer the following:

  • Which of the environmental factors do you feel is the most critical, and why?
  • What might someone with an opposing viewpoint think is the most important?
    • Given this opposing argument, how would you argue your opinion?
  • What solutions should be considered as you seek to develop a sense of ownership of your plan?
  • What solutions would you recommend to the board, and why?
  • Is a compromise feasible?

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