Which of the following is true of the economic environment?
A) It has no relationship to the technological environment.
B) It is not affected by the way all of the parts of the macro-marketing system interact.
C) It refers to micro-economic factors that do not affect business spending.
D) It can change very rapidly.
E) It never requires marketing managers to make immediate changes in strategy.

Question

Quizplus · Accepted Answer

The economic environment can, and does, change quite rapidly. It refers to macro-economic factors that affect patterns of consumer and business spending.

Which of the Following Is True of the Economic Environment