Question

The demographics, lifestyles, and social values of a society determine the firm's a. economic environment. b. technological environment. c. political environment. d. social environment

Answer 1

Answer:

d. social environment

Explanation:

The social environment refers to the context, influence, and settings in which people live. This socio-cultural setting affects not only the style of living but the developments and events in the said setting and its many factors. Some of these factors are

• education
• institutions
• interactions
• social status
• values
• media
• demographics

Therefore, the social environment is what is made by people and cultures, their interactions with nature, and their understandings of it.

The people from the different social environments will have different backgrounds and lifestyles, which can later affect many different aspects of their life, such as economic status or health.