One of the segments of the external environment tends to drive (heavily influence) many of the other segments. This segment is the ____ segment.

Question

Quizplus · Accepted Answer

The sociocultural segment tends to heavily influence many of the other segments, such as the economic, technological, and even political/legal segments. For example, changes in societal values and attitudes can impact consumer behavior and ultimately affect the demand for products and services in the economy. Additionally, advances in technology can also be heavily influenced by societal expectations and values. Therefore, the sociocultural segment is a key driver in shaping the external environment.

One of the Segments of the External Environment Tends to Drive