Question

What is social environment?Give two examples

Answer 1

Answer:

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. The external social environment provides both risks and opportunities for a business.

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Answer 2

Answer:

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. The external social environment provides both risks and opportunities for a business.

Explanation:

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