The socio-cultural environment describes
A) the relationship between government and unions.
B) the relationship between business and government.
C) the relationship between international and domestic corporations.
D) the customs, values, attitudes, and demographic characteristics of the society in which an organization functions.
E) the intensity of the competition in an industry.

Question

Quizplus · Accepted Answer

The socio-cultural environment is defined as the customs, values, attitudes, and demographic characteristics of the society in which an organization operates. It includes elements such as social norms, lifestyle trends, religious beliefs, education level, and ethnicity which significantly impact the behavior and preferences of the individuals in that society. Understanding these factors is a key to effectively manage human resources or adapt business practices to match the needs, tastes, and cultural sensitivities of the target market.

The Socio-Cultural Environment Describes