Discuss the social and cultural factors that shape the business environment, including demographics, consumer behavior, social values, and ethical considerations.
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Discuss the social and cultural factors that shape the business environment, including demographics,
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Solved in 4 steps
- Discuss the role of political factors in shaping the business environment, including government policies, regulations, and political stability.What role does the political environment play in shaping the business environment? How do government policies, regulations, and stability impact businesses?What factors within the economic environment affect businesses?
- Please explain the three components of the external business environment: Technology, Market, and Government Regulations.What are the key historical forces which have impacts on the business environment?Discuss what is the future of the business environment, and how can businesses prepare for the challenges and opportunities ahead?