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    Socio Cultural Enviroment

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    Ankita Gaikwad
    The document discusses the socio-cultural environment and its impact on business. It defines the socio-cultural environment as the combination of social and cultural factors in a society, including traditions, customs, beliefs, and behaviors. It identifies key elements like attitude, education, family structure, demography, religion, language, and class structure. Some social factors affecting business are a society's wealth, education levels, health consciousness, and consumer preferences. Cultural factors include lifestyle, social media influence, tastes, and organizational culture within a company. In conclusion, the socio-cultural environment significantly impacts how a business operates in a given society.

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    Socio Cultural Enviroment

    Uploaded by

    Ankita Gaikwad
    6 views7 pages
    The document discusses the socio-cultural environment and its impact on business. It defines the socio-cultural environment as the combination of social and cultural factors in a society, including traditions, customs, beliefs, and behaviors. It identifies key elements like attitude, education, family structure, demography, religion, language, and class structure. Some social factors affecting business are a society's wealth, education levels, health consciousness, and consumer preferences. Cultural factors include lifestyle, social media influence, tastes, and organizational culture within a company. In conclusion, the socio-cultural environment significantly impacts how a business operates in a given society.

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    The document discusses the socio-cultural environment and its impact on business. It defines the socio-cultural environment as the combination of social and cultural factors in a society, including traditions, customs, beliefs, and behaviors. It identifies key elements like attitude, education, family structure, demography, religion, language, and class structure. Some social factors affecting business are a society's wealth, education levels, health consciousness, and consumer preferences. Cultural factors include lifestyle, social media influence, tastes, and organizational culture within a company. In conclusion, the socio-cultural environment significantly impacts how a business operates in a given society.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    6 views7 pages

    Socio Cultural Enviroment

    Uploaded by

    Ankita Gaikwad
    The document discusses the socio-cultural environment and its impact on business. It defines the socio-cultural environment as the combination of social and cultural factors in a society, including traditions, customs, beliefs, and behaviors. It identifies key elements like attitude, education, family structure, demography, religion, language, and class structure. Some social factors affecting business are a society's wealth, education levels, health consciousness, and consumer preferences. Cultural factors include lifestyle, social media influence, tastes, and organizational culture within a company. In conclusion, the socio-cultural environment significantly impacts how a business operates in a given society.

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    of 7

    SOCIO CULTURAL

    ENVIRONMENT

    Shravani Dalvi - 2021013


    Ankita Gaikwad - 2021023
    Rahul Jadhav - 20210
    Marshala Kamble - 20210
    Gayatri Kinlekar - 20210

    INTRODUCTION

    Combination of two words - Social and Cultural


    Social Environment consist of traditions, customs nd
    trends of society.
    Cultural Environment is the set of beliefs, practices,
    customs, and behviours.
    8 Critical Elements of Socio
    Cultural Environment

    Attitude and Education


    Beliefs Family Structure
    Demographic Social
    Religion Organisation
    Language Class Structure
    Social Factors Affecting
    Business

    1. Wealth of people
    2. Economic inequalities
    3. Level of education
    4. Access to education
    5. Health consciousness in society
    6. Consumer preferences
    7. Reputation of company in society
    Cultural Factors Affecting
    Business

    1. Lifestyle – Way one Lives, Dresses, Eats, Travels


    2. Social media influence
    3. Interests, taste, Fashion -popular actors, music styles
    4. Local vs Imported Culture- local (folk) artists vs global
    Imported artists.
    5. Organisational culture - Organisation Structure, Belief,
    Technology, Ethical norms, Attitudes, Behaviour
    Impact of Socio Cultural
    Environment on Business

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