Asked by
Brayden Salomon
on Oct 22, 2024Verified
Which of the following is a part of the socio-cultural conditions in the general environment?
A) inflation
B) financial markets
C) government policies
D) intellectual properties
E) demographics
Socio-Cultural Conditions
The social and cultural elements that influence individuals' behaviors, perceptions, and interactions within a society.
Demographics
statistical data relating to the population and the particular groups within it, often used for market research.
- Understand the significance of socio-cultural factors in guiding organizational strategy decisions.
Verified Answer
CS
Learning Objectives
- Understand the significance of socio-cultural factors in guiding organizational strategy decisions.