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Question : The cultural environment of business includes factors related to:
 


 

Option 1: Technological advancements

Option 2: Government policies

Option 3: Social customs and beliefs

 

Option 4: Economic conditions


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Social customs and beliefs


Solution : The correct answer is (C) Social customs and beliefs

The cultural environment of business includes factors related to social customs, beliefs, and values. It encompasses the cultural context within which a business operates, such as the customs, traditions, language, religion, and societal values of the people in a given region or market. Understanding and respecting the cultural environment is important for businesses to effectively engage with their target audience and adapt their strategies accordingly.

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