How do social and cultural factors impact the business environment, and what strategies can businesses adopt to cater to diverse customer preferences and values?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter4: External And Internal Organizational Environments And Corporate Culture
Section4.2: External Environments And Industries
Problem 1CC: What factors within the economic environment affect businesses?
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How do social and cultural factors impact the business environment, and what strategies can businesses adopt to cater to diverse customer preferences and values?

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