Another important point to note in this context is that segment may be large but may already be will served by several well-entrenched competitors . The question naturally would be whether one would like to enter such a segment . Understanding of the general environment in which an organization operates is the foremost pre-requisite towards a marketing strategy formulation . The six broad dimensions which the framework provides are political , economic , socio-cultural , technological , and environmental and legal which helps to keep a competitive...











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