what are the internal and external environmentalfactors that may impact the development of a marketing plan foroverseas expansion?
Expert Answer
internal &external environmental factors may affect theeffectiveness of a marketing plan, and deviate the progress inimplementing it
Explanation:
the internal environmental factors may include:
- infrastructure- as poor infrastructure may lead to delays inimplementation of the marketing plan
- capital resources- with limited resources, it might bedifficult to implement the plan
- human resources- this relates to the number of skill people,who can aid the implementation of the plan
- innovation- this is related to efficiency in the development ofa proper plan
the external environmental factors include:
- laws- the laws of a nation
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