Marketers need to understand the ________ factors of a country from two perspectives: the country's overall level of industrialization and its income distribution.

Question

Quizplus · Accepted Answer

The economic factors of a country, specifically its level of industrialization and income distribution, are important for marketers to understand as they directly impact consumer behavior and purchasing power. Political, cultural, legal, and natural factors may also play a role, but they are not as closely tied to consumer behavior and market potential.

Marketers Need to Understand the ________ Factors of a Country