Question

9.2) True or False
Social environment consists of Factors related to the management? ​

Answer 1

Answer:

TRUE

Explanation:

The social environment do consists of factors related to the management of public affairs.

The social environment is made up of customs, traditions, social values, social trends, etc.

All these values and customs of the social environment are related to the daily life of the public.

These trends, values, customs provide ample opportunities to business enterprises.

For example- During any festival or celebration, the business opportunity is provided to the sweet making and decoration sector.