Question : Which environment involves the study of changes in social attitudes, customs, and beliefs
Option 1: Economic environment
Option 2: Technological environment
Option 3: Social environment
Option 4: Competitive environment
Correct Answer: Social environment
Solution : The correct answer is (C) Social environment
The social environment refers to the cultural, societal, and demographic factors that shape the behavior, values, attitudes, and customs of individuals and groups within a given society. It encompasses the study of social trends, changes in attitudes, customs, and beliefs, and their impact on businesses and organizations. The social environment includes factors such as social norms, cultural values, lifestyle choices, demographic trends, consumer behavior, and societal expectations. Understanding and adapting to changes in the social environment is crucial for organizations to effectively meet the needs and preferences of their target market. Therefore, the social environment involves the study of changes in social attitudes, customs, and beliefs.
