Which of the following statements about the political environment is true?
A) A recession is part of the political environment.
B) A country is either socialistic or capitalistic,but never both.
C) The countries with the most efficient across-the-board regulations and political structures foster the strongest economies.
D) The European Union is purely an economic arrangement and has no political impact on marketing.
E) All of these statements about the political environment are true.

Question

Quizplus · Accepted Answer

Efficient regulations and political structures can foster a strong economy by providing a stable and predictable environment for businesses to operate in. However, a recession is typically classified as part of the economic environment, not the political environment. A country's economic system can be a mix of both socialism and capitalism. The European Union has both economic and political impact on marketing, as it involves policies and regulations that affect the trade and commerce of member countries.

Which of the Following Statements About the Political Environment Is