Business Studies, asked by abhilashtiwari57, 2 months ago

Explain social enviroment of bussiness ​

Answers

Answered by awssales135
2

Explanation:

The social environment consists of the sum total of a society's beliefs, customs, practices and behaviors. It is, to a large extent, an artificial construct that can be contrasted with the natural environment in which we live.

Every society constructs its own social environment. Some of the customs, beliefs, practices and behaviors are similar across cultures, and some are not. For example, an American traveling to Britain will find many familiar practices but not so much if traveling to China.

This social environment created by a society-at-large in which a business functions can be referred to as its external social environment. If a business operates in a multicultural society, then the social external social environment is even more complicated because the environment will consist of diverse sub-populations with their own unique values, beliefs, and customs.

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Answered by kamalganguly27
0

Answer:

A social environment includes the values, belief, customs, and practices of a group of people. A business is a subject to an social environment and also its own internal social environment....... Business that fail to adapt to social preferences related to their goods and services will fail.

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