importance of socio culture environment ??
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sociocultural values our beliefs, values, traditions and habits that influence our everyday behaviour. these values influence the decisions we make and actions we take. because of this, socio cultural values can have an important impact on economic development, this is called socio cultural environment.
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Social environment is also discussed as cultural or socio- cultural environment. 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. C
ulture includes language, religion, values and attitudes, manners and customs, material elements, aesthetics, education, and social institutions as its important elements.
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