NABTEB Marketing 2025 Objective — Question 4
Question 4 of 40 from the National Business and Technical Examinations Board (NABTEB) Marketing 2025 Objective paper, with the correct answer and a full explanation.
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Minimum wage as an environmental factor is associated with
- A. political factor
- B. technological factor
- C. economic factorCorrect
- D. social factor
Explanation
Minimum wage is an economic factor because it directly affects the purchasing power of consumers, labour costs for businesses, and overall economic conditions.
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