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WAEC Marketing 2015 Question 24

Question 24

Marketing Environment

The environmental factor that focuses on governmental action on the minimum wage is

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

Answer: B (political.)

Explanation

Government decisions and laws, such as fixing the minimum wage, make up the political environment.