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ID number:953893
Evaluation:
Published: 20.05.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Introduction
Childcare Industry is a type of services sector and it is one of the most promising service sectors because it is one of the fast developing sector in Malaysia. Since 1970s, the Malaysian Government emphasized the importance of education and childcare and this create more golden opportunity for marketer to choose childcare service as their target market. The childcare service has its own target market consisting of all actual and potential consumers of childcare services. The high demand of childcare centers in Malaysia will likely to boost the childcare industry as the main source of income in future.
Macro environment
There are two important elements in the marketing environment that is the microenvironment and the macro-environment. The macro-enviroment is "the larger societal forces that affect the whole micro-environment,". The macro-enviroment consists of six types of forces; demographic, economic, natural, technological, political and cultural forces. A company's marketing strategy must take into account changes and trends in these environments so that can present opportunities or pose threats. A successful firm is one that regularly modifies it marketing mix and strategies to adapt to these changes.

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