Fabtabtix, a Designer Clothing Brand, Has Been Selling Clothes in the Country

Fabtabtix, a designer clothing brand, has been selling clothes in the country of Grolania for over 30 years. With more number of people becoming fashion-conscious, the sale of designer wear has increased. As a result, Fabtabtix's business has been rapidly growing over the past few years. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

A) technological component
B) sociocultural component
C) political component
D) economic component