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ENVIRONMENTAL SCANNING: The process of collecting information on various forces in the business environment that can impact the future of the company. These forces are: economic, legal/regulatory, sociocultural, technological, competitive and political. This is usually done as part of a regularly scheduled strategic planning session and is generally a necessary component in a marketing plan.

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DOMESTIC SECTOR

The combination of the household, business, and government sectors that operate within the political boundaries of a given economy. Of the four aggregate macroeconomic sectors, the domestic sector specifically excludes the foreign sector. Domestic sector is a handy term when referring to economic activity for a given country, especially in the context of international trade. economy.

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BROWN PRAGMATOX
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Today, you are likely to spend a great deal of time strolling around a discount warehouse buying club seeking to buy either a rechargeable battery for your computer or shoe laces for your snow boots. Be on the lookout for jovial bank tellers.
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Helping spur the U.S. industrial revolution, Thomas Edison patented nearly 1300 inventions, 300 of which came out of his Menlo Park "invention factory" during a four-year period.
"Do something wonderful; people may imitate it. "

-- Albert Schweitzer, theologian, physician

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