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JAMB Commerce 2007 Objective — Question 28

Question 28 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2007 Objective paper, with the correct answer and a full explanation.

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

  • A. economic environment
  • B. demographic environmentCorrect
  • C. natural environment
  • D. cultural environment

Explanation

Demography deals with the structuring of a population by age, ethnicity, religion and education - the demographic environment.

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