Practicing Success
Which of the following is NOT an example of Social Environment? |
Birth and Death rate Constitution of the Country Population shift Life Expectancy |
Constitution of the Country |
The social environment of business include the social forces like customs and traditions, values, social trends, society’s expectations from business, etc. Traditions define social practices that have lasted for decades or even centuries. For example, the celebration of Diwali, Eid, Christmas, and Guru Parv in India provides significant financial opportunities for greetings card companies, sweets or confectionery manufacturers, tailoring outlets and many other related business. Values refer to concepts that a society holds in high esteem. In India, individual freedom, social justice, equality of opportunity and national integration are examples of major values cherished by all of us. Major Elements of Social Environment- * Attitudes towards product innovations, lifestyles, occupational distribution and consumer preferences THUS, CONSTITUTION OF COUNTRY IS NOT A FACTOR OF SOCIAL ENVIRONMENT. |