Which of the following factors would fall under the demographic environment for marketers?
A) the growth rate of a company's competitors
B) the prices quoted by a company's suppliers
C) the profitability of a company's shareholders
D) the level of technological advancement in a company's production processes
E) the educational level of a company's customers

Question

Quizplus · Accepted Answer

The educational level of a company's customers is a demographic factor as it pertains to characteristics such as age, gender, income, education, and other factors that affect consumer behavior. It is important for marketers to understand these factors to effectively target their audience and tailor their marketing strategies. The other options are not demographic factors, as they relate to competition, suppliers, shareholders, and technology.

Which of the Following Factors Would Fall Under the Demographic