Asked by Soleil Castaneda on Jun 27, 2024
Verified
Which of the following is least likely to be a competitive or economic force in the marketing environment?
A) The purchasing power of people in a geographic market
B) The rate of unemployment in a country
C) The laws related to employment in a country
D) The level of inflation in a country
E) The per capita income in a less developed nation
Competitive Force
Refers to the pressure exerted by competitors within the same industry, impacting an organization's strategies and performance.
- Acknowledge the effect of ecological elements on decisions in marketing.
Verified Answer
NA
Narangpuri AkashJul 01, 2024
Final Answer :
C
Explanation :
The laws related to employment in a country are least likely to be considered a direct competitive or economic force in the marketing environment. These laws primarily affect labor practices and employer obligations rather than directly influencing market competition or economic conditions such as purchasing power, unemployment, inflation, or income levels.
Learning Objectives
- Acknowledge the effect of ecological elements on decisions in marketing.
Related questions
List the Five Environmental Forces That Have an Impact on ...
Marketers Should Be Aware of Tax Codes,operating Rules,and Guidelines That ...
Demographics,norms,and Lifestyles Are Factors in the ________ Context That Marketers ...
The Macroenvironmental Factors That Marketers Must Consider Are the Company ...
Ernesto Runs a Small Grocery Store ...