Importance of socio cultural environment in international business
Answers
Answer:
Social environment includes cultural aspects as well. How do we behave as consumers depend upon values, beliefs, attitudes, customs and norms, and lifestyles.
These forces do impact what, why, where, how and when people buy products and services. Socio-cultural forces like other forces present both opportunities and threats. Three things need specific mention – demographics, values and consumerism. Culture includes language, religion, values and attitudes, manners and customs, material elements, aesthetics, education, and social institutions as its important elements.
PLZ FOLLOW ME
Explanation:
Answer:
Social environment includes cultural aspects as well. How do we behave as consumers depend upon values, beliefs, attitudes, customs and norms, and lifestyles.
These forces do impact what, why, where, how and when people buy products and services. Socio-cultural forces like other forces present both opportunities and threats. Three things need specific mention – demographics, values and consumerism. Culture includes language, religion, values and attitudes, manners and customs, material elements, aesthetics, education, and social institutions as its important elements.
PLZ FOLLOW ME
Explanation: