Question

during the past decade, video rental businesses began to disappear as various streaming services began to enter the market. which external marketing force is most likely at play in this example?

Answer 1

The competitive market force is what would cause the video rental businesses began to disappear as various streaming services began to enter the market.

What is the external marketing force ?

The variables that are outside of your organization's control, such as technical breakthroughs, regulatory changes, social, economic, and competitive dynamics, are referred to as the external marketing environment.

What is a good external marketing illustration?

Websites and social media involvement are a few instances of external marketing. Ads in print, TV, and radio

The external marketing environment is made up of all variables that are out of your company's control, such as governmental changes, social, economic, and competitive influences.

Five major categories can be used to categorize external forces:

• social, cultural, demographic, and environmental forces, as well as economic forces.
• factors in politics, governance, and law.
• forces of technology.
• contrasting forces

Read more on market forces here: https://brainly.com/question/12836261

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