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JAMB Commerce 2007 Question 2

Question 2

Business Environment and Social Responsibility

The business environment that takes into cognizance the age distribution, ethnic mix and educational level of the consumer is

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

Answer: A (demographic environment)

Explanation

Demography is the study of population features such as age, ethnic make-up and education.