Question : Case Study 6:
GST Ltd. is a service-based company facing challenges in hiring skilled employees due to changes in educational and social trends.
Q:- What is the business environment factor affecting GST Ltd. 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 GST Ltd. in this case is the social environment. The challenges the company faces in hiring skilled employees due to changes in educational and social trends are directly related to social factors, such as shifts in education, workforce preferences, and societal trends.
