Business Studies, asked by nandha93, 8 months ago

social environment of business

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Answered by Anonymous

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$<body bgcolor=yellow><marquee direction="up"scrollamount=5>A social environment includes the values, beliefs, customs, and practices of a group of people. A business is subject to an external social environment and also its own internal social environment. Businesses that fail to adapt to social preferences related to their goods and services will fail.$

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Answered by Anonymous

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˙❥˙The social environment consists of the sum total of a society's beliefs, customs, practices and behaviors. ... A business also has its own social environment. We can refer to this as its internal social environment, which is simply the customs, beliefs, practices, and behaviors within the confines of the business.✧*。

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