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The External Marketing Environment
The External Marketing Environment

... monopoly, oligopoly, monopolistic competition, and pure competition. Each market structure is unique and has a different impact on marketing strategy. Figure 2.3 offers a summary of each market. In a monopoly, one firm serves the entire market (there are no close substitutes) and therefore theoretic ...
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Marketing strategy

Marketing strategy is the fundamental goal of increasing sales and achieving a sustainable competitive advantage. Marketing strategy includes all basic, short-term, and long-term activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation, evaluation and selection of market-oriented strategies and therefore contribute to the goals of the company and its marketing objectives.
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