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Title: Scanning the Marketing Environment
Description: SWOT Analysis (with example) Environmental Scanning Important trends Social Forces Demographics

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Chapter 3: Scanning the Marketing Environment 
● ex) GPS/Uber has had a huge impact on taxis, etc
...
 military/trade 
schools), no scholarship costs students $250,000, state schools (cheaper), 
international reputation, CORSA, some online courses: free, but certificate 
requires a fee 
● Scanning the environment is a threat 
● Environmental scanning 
○ tracking environmental trends 
■ ex) coffee makers → sodas become an option for caffeine (i
...
 Coke, Pepsi, Dr
...
 Starbucks in 2008) → McDonald’s coffee 
became more popular because of the cheap prices 
■ companies like Walmart and McDonald’s do well when economy goes into recession 
○ technological​
 ­ Apple 
○ competitive​
 ­ when Apple came out with the iPod → competing with mp3 players 
○ regulatory​
 ­ congress could pass a law that could have an impact on your industry (ex
...
 
➔ S​
trengths 
◆ student/faculty ratio 
◆ academic ranking 
◆ price point/financial age 
◆ job placement 
◆ location 
◆ endowment  
◆ facilities 
◆ dorms 
◆ international students 
◆ liberal arts education 
◆ PhD ratio 
◆ not research based 
◆ several student­led opportunities 
➔ W​
eaknesses 
◆ school spirit 
◆ name recognition 
◆ alumni network size 
◆ food options 
◆ cost 
◆ on campus living (3 years) 
◆ facilities 
◆ sports investment 
◆ diversity 
◆ campus 
◆ TUPD 
◆ meal plan 
➔ O​
pportunities 
◆ exploit SA job market 
◆ online offering 
◆ promote study abroad 
◆ emphasis on sports 
◆ spend more $$$ on marketing/recruitment out­of­state 
◆ certification emphasis 
◆ expand chain food options 
◆ invest in business major 
➔ T​
hreats 
◆ online colleges 
◆ community colleges 
◆ trade schools 
◆ education ROI/entrepreneurs 
◆ economy 
◆ easier access to other countries 
◆ standard education  


Title: Scanning the Marketing Environment
Description: SWOT Analysis (with example) Environmental Scanning Important trends Social Forces Demographics