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JAMB Commerce 2003 Question 39

Question 39

Business Environment and Social Responsibility

The market structure, business conditions and financial systems in Nigeria constitute the

  1. A.economic environment
  2. B.political environment
  3. C.cultural environment
  4. D.technological environment
Show the answer and explanation

Answer: A (economic environment)

Explanation

Markets, business conditions and the financial system are economic factors, so they form the economic environment.