Consumption habits and composition of family are the elements of which dimension of business environment?

Social

Consumption habits and composition of family are the elements of social dimension of business environment.

Major Elements of Social Environment

• Attitudes towards product innovations, lifestyles, occupational distribution and consumer preferences
• Concern with quality of life
• Life expectancy
• Expectations from the workforce
• Shifts in the presence of women in the workforce
• Birth and death rates
• Population shifts
• Educational system and literacy rates
• Consumption habits
• Composition of family