Learning objective
After reading this chapter, you should.
1.Understand the impact of environment in a marketing channels context.
2.Be aware of some of the major economic forces affecting marketing channels.
3.Recognize that unusual economic conditions can have a dramatic impact on marketing channels.
4.Be cognizant of the international or global nature of the competitive environment as it affects marketing channels .
5.Be able to delineate the major types of competition in the context of marketing channel structure and strategy.
6.Appreciate some of the major sociocultural developments taking place with respect to their implications for marketing channels.
7.Be alert to rapid changes in technology and be sensitive to how such changes can affect marketing channels.
8.Gain a general knowledge of the basic antitrust laws as they apply to marketing channel strategy.
9.Be familiar with the key legal issues relating to marketing channels.