State any four features of Social environment.

1.	State any four features of Social environment.
Answer» The four features of social environment are as follows: 1. Customs and Traditions : This decides the celebration of various festivals like Diwali, Id, Christmas and its effect on business. 2. Social Institutions and Groups or Social Aspects: Literacy level, educational system, cultural heritage standard of living of the various groups of people affect the social environment of business. 3. Social Values : Cultural and social justice, national integration affect the business. Beliefs also help the business to meet the customer needs. 4. Social Trends : Now a days people have become health conscious and therefore there is a sale of various types of goods like organic food, sugar free products etc.

Answer»

The four features of social environment are as follows:

1. Customs and Traditions : This decides the celebration of various festivals like Diwali, Id, Christmas and its effect on business.

2. Social Institutions and Groups or Social Aspects: Literacy level, educational system, cultural heritage standard of living of the various groups of people affect the social environment of business.

3. Social Values : Cultural and social justice, national integration affect the business. Beliefs also help the business to meet the customer needs.

4. Social Trends : Now a days people have become health conscious and therefore there is a sale of various types of goods like organic food, sugar free products etc.

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