Which of the following factors is a sociocultural component of an organization's external environment?
A) Most of the firm's customers have at least one year of college.
B) The government of the country holds elections whenever confidence in the current regime falters.
C) Over time, society has become more accepting of alternative lifestyles.
D) The average number of hours worked per year is increasing.

Question

Quizplus · Accepted Answer

Sociocultural factors refer to the values, beliefs, attitudes, and demographics of the society in which an organization operates. Option C describes a change in social norms and values towards alternative lifestyles, which is a sociocultural component of the external environment. Option A refers to the education level of the customers and is a demographic factor, while option B refers to the political environment and option D refers to a trend in the labor market, both of which are not sociocultural factors.

Which of the Following Factors Is a Sociocultural Component of an Organization's