Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Identify the element which is not a part of Social environment ?

Options:

Life expectancy

Constitution of the Country

Birth and death rate

Population  Shift

Correct Answer:

Constitution of the Country

Explanation:

The correct answer is option 2- Constitution of the Country.

Constitution of the Country is not a part of social environment. It is a part of political environment.

 

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. 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