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The business environment that takes into cognizance the age distribution ethnic mix and educational level...

Commerce
JAMB 2015

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

  • A. Natural Environment
  • B. Cultural environment
  • C. Economic environment
  • D. Demographic Environment
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Correct Answer: Option D
Explanation

Demographic environment that put into consideration the composition of the population of the consumers, it determines the quantity of goods to be produced.


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JAMB CBT Software 2025 - Free Download
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
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