Question

Explain the cultural, social, political and technical environment of business with suitable examples

Answer 1

Answer:

Explanation:

political environment include the political interventions in the company ,threats  to law and order.This helps to build up confidence among business people. Eg: building a company according to political orders or supporting them

Technology environment means upgrading  machines and technologies

bringing up new ways of producing goods. Eg: e commerce this helps the buyers to access 24x7

Social environment:includes customs,trends etc. eg: celebrating diwali,christmas in the company  by distributing sweets ,encouraging social values