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Question : Case Study 12:

ABC Ltd. is a retail company that recently expanded its operations into international markets. It is facing challenges due to differences in cultural practices and consumer preferences in different countries.

Q:- What is the business environment factor affecting ABC Ltd. in this case?
 

 

 

 

 

 

Option 1: Economic environment

Option 2: Social environment

Option 3: Technological environment

 

Option 4: Political environment


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Social environment


Solution : The correct answer is (B) Social environment

The business environment factor affecting ABC Ltd. in this case is the social environment. The challenges the company faces due to differences in cultural practices and consumer preferences in different countries are directly related to social factors, such as cultural diversity, social practices, and consumer behavior.

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