View previous attemp 3 0 Required information Part 1 of 4 Analyzing the Environm

Question

View previous attemp 3 0 Required information Part 1 of 4 Analyzing the Environment at RedPin Bowling Lounge 14.28 points RedPin is a combination restaurant, bowling alley, and bar in Oklahoma City. It boasts 10 bowling lanes; a full-service bar, space for private parties; a menu of local, made-from-scratch fare; and a lorge canal-front patio. By analyzing the marketing environment and developing strategies accordingly, RedPin has been able to find success in good and bad economic conditions. eBock Marketing does not occur in a vacuum. Unforesetn developments external to the firm can directy impact the success of its marketing stratogy. For this reason, marketing professionals continually scan and analyze the external environment. t is also critical that organizations identify and evaluate the direct and indirect competitors seeking to acquire market share and profits References

Explanation / Answer

1) Answer: Political

Since anything which relates to changes in taxation including sales tax is a decision taken at macro level effect from external environment. In increase in sales tax revenue is as a result of political decision.

2) Answer: None of the above

Since factors such as age , educational background, gender, the number of children in the community can be considered as demographic factors, unemployment rate is an indicator for economic factor.

3) Answer: Municipal Government

Municipal government can never be a competition for Redpin, all other bowling alley, restaurant, clubs, or other facilities for birthday parties can be a competition in direct or indirect manner.

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