Factors of the marketing macro system effecting children’s food production

Journal Title: Economic Annals-XXI - Year 2018, Vol 170, Issue 3

Abstract

The article reveals unsettled reasons of changing in the children’s food market. Various political, economic, demographic, sociological, natural, and technological forces are extensively used in the paper to examine the external influence on the market. The aim of the research is a consequent evaluation of children’s food production factors on the macro level of the vegetable market. The novelty of the study explains the research methodology which is based on a factor analysis of a marketing system influence on the macro level. The study presents a quantitative expert evaluation of the main factors in the vegetable market. We use the total integer indicator to study a degree of influence both in complex and separately. An improved methodology is outlined in three sections. The first section gives an overview of marketing forces at the macro level. The second section examines the most significant negative and positive factors in the complex. Finally, our propositions for market development are drawn in the final section. It is suggested that economic, demographic and socio-geographic factors affect mostly at the macro level. Calculation of total threats and opportunities in factor groups proves a negative tendency in the development of enterprises which offer vegetable products for children. Based on the factors grouping results, the authors propose further alternative strategies for marketing development in vegetable enterprises such as Internet purchasing and upgraded food canal chain management.

Authors and Affiliations

James W. Dunn, Thomas Brunner, Darya Legeza, Anastasia Konovalenko, Olena Demchuk

Keywords

Related Articles

Relational capital and intellectual capital management at enterprises in transitional countries: the case of Vietnam

The paper aims at investigating current status of relational capital (RC) management as a part of intellectual capital management among enterprises of emerging economies given the increasing importance of this intangible...

Macroeconomic growth in business valuation

The article is dedicated to an important statement, mostly neglected by the overtly finance-focused valuation practice in the present days regarding the influence of the macroeconomic conditions of the system on the busi...

Assessment of the safety of environment in terms of sustainable development

The article reveals the main ecological and natural and technogenic prerequisites for the formation of adverse environmental conditions in today’s Ukraine. The authors consider the functional dimension of modern threats...

Antitrust regulation by OECD standards in Kazakhstan

The article deals with issues and challenges related to the antitrust regulation in the Republic of Kazakhstan. The Government has set ambitious tasks for itself to be counted among developed countries with a stable leve...

Barbell strategy with bond portfolios: theory review and empirical study with government bond portfolios of Vietnam Prosperity Joint Stock Commercial Bank in 2018

The Barbell strategy is founded on the methodology initiated by the economic professor Harry Markowitz in a «portfolio theory» [2]. This strategy is mostly conducted by big scale institutions to cope with volatilities of...

Download PDF file
  • EP ID EP534373
  • DOI 10.21003/ea.V170-09
  • Views 126
  • Downloads 0

How To Cite

James W. Dunn, Thomas Brunner, Darya Legeza, Anastasia Konovalenko, Olena Demchuk (2018). Factors of the marketing macro system effecting children’s food production. Economic Annals-XXI, 170(3), 49-56. https://europub.co.uk./articles/-A-534373