Question : Case Study 14:
PQR Enterprises is a manufacturing company that has been facing challenges in recruiting and retaining skilled employees due to changes in educational trends and skill requirements.
Q:- What is the business environment factor affecting PQR Enterprises in this case?
Option 1: Economic environment
Option 2: Technological environment
Option 3: Social environment
Option 4: Legal environment
Correct Answer: Social environment
Solution : The correct answer is (C) Social environment
The business environment factor affecting PQR Enterprises in this case is the social environment. The challenges the company faces in recruiting and retaining skilled employees due to changes in educational trends and skill requirements are directly related to social factors, including changes in education and workforce preferences.
