Situational Analysis : Bentley Motors

Bentley Motors provide a avow of high quality shop goods designed to appeal to Bentley enthusiasts, whole across the world, from trackside supporters to owners of new or classic Bentleys. Bentley Motors is strikeed by the international (Macro and Micro) Environment. These argon the six foreign Macro factors that affect Bentley Motors: 1. DEMOGRAPHY Demography is the statistical study of human beings community and its distribution. People who name convertible demographic characteristics (such(prenominal) as age, geographical location, or income take aim) often sh nuclear number 18 opposite pertinent characteristics, creating a voltage market for a peculiar(prenominal) product or service. Baby boomers ar people born betwixt 1946 and 1966. They be now offer through their middle years (late 30s to 50s), rescue changes in old values, tastes and concerns - indulging in wellspring earn vacations and luxury cars kind of of family minivans. These people are be uniform the ones to misdirect Bentley cars because they will stick out more wealth from maturement parents than both other group. Seniors, who are people aged 65 and older, have the lowest level of wealth and mostly commission on affordable hideaway services and products, so they do non affect Bentleys marketing environment. 2. frugal CONDITIONS People must have bills to overhaul and willing to spend it. A marketing musical arrangement is affected especially by such considerations as the occurrent stagecoach of business cycle, inflation and use up says.

Inflation occurs when price levels prepare at a faster rate than personal income, so that on that point is a decline in consumer buying power. At the analogous time consumers may spend today for headache that prices will be higher tomorrow. When post rates are high, consumers tilt to hold back on long-term and enceinte purchases such as housing and vehicles, so this may affect Bentley bad since it is expensive to borrow money. 3. COMPETITION In the... I like how the author broke calibrate the different factors that affect Bentley Motors. That gave me a better understanding. I likewise like the into. If you want to get a climb essay, club it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.