Answer to Question #208675 in Marketing for Meh

Question

Explain environmental factors that may affect peanut butter sauce?

1:demographic factor

2: economical factor

3: political factor

Answer 1

Demographic factor

Peanut butter source is affected by the household and age factor. Peanut butter is a high-quality food product with several nutritional benefits associated with its consumption. It is a good source of protein, fat, fibre, mineral, and vitamins, this will make many households buy it. Also, Old people will prefer not to eat peanut butter because is it has a lot of sugar and fat.

Economic factors

Competition- peanut butter sauce is made and sold by many different companies, this makes its competition very big. This would result in low prices in the long run.

Political factor

These include factors that affect the extent and the impact of the government on the economy of a country. For example, the laws, taxation policies, monetary policies. Peanut butter sauce is a nutrition product it is therefore affected by many legal factors. The health laws, city council laws etc.