Which of the Following Is a Part of the Socio-Cultural

question 122

Multiple Choice

Which of the following is a part of the socio-cultural conditions in the general environment?

• A) inflation
• B) financial markets
• C) government policies
• D) intellectual properties
• E) demographics

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Definitions:

External Environments

The external factors and forces outside an organization that can affect its performance, such as economic conditions, competition, and regulation.

SWOT Analysis

A tool for strategic planning that helps identify the Strengths, Weaknesses, Opportunities, and Threats associated with business competition or the planning of a project.

Quantitatively

Pertaining to measurements, analyses, or data that can be expressed in numerical terms, often used in research and analytics.

Easily Attainable Objectives

Goals set by an individual or organization that are realistic and can be achieved with a reasonable amount of effort.