Question : The demographic environment includes factors related to:
Option 1: Government policies
Option 2: Technological advancements
Option 3: Social attitudes and customs
Option 4: Economic conditions
Correct Answer: Social attitudes and customs
Solution : The correct answer is (C) Social attitudes and customs
The demographic environment includes factors related to social attitudes, customs, and population characteristics. This includes aspects such as age, gender, income levels, family structures, education, and cultural norms, which can all have a significant impact on businesses and organizations.
Question : The legal environment of business includes factors related to:
Option 1: Social attitudes and customs
Option 2: Government regulations and laws
Option 3: Technological advancements
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