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Presented By
Gaurav Patel
Taxila Business School, Jaipur
MBA+PGDBM (07877549750)
Social Environment
Social environment of business means all factors which affects business socially . Every business works in a society , so societies ' different factors like family , educational institutions and religion affects business .
Social Environment
Social environment of business means all factors which affects business socially . Every business works in a society , so societies ' different factors like family , educational institutions and religion affects business . It includes the culture that the individual was educated or lives in, and the people with whom they interact.
Social Environment
Social environment of business means all factors which affects business socially . Every business works in a society , so societies ' different factors like family , educational institutions and religion affects business . It includes the culture that the individual was educated or lives in, and the people with whom they interact. The cultural factors like buying and consumption habit of the people, customs and traditions, tastes and preferences, languages etc. are the factors that affect the strategy of the business.
Cultural Environment
The cultural environment mean a environment which affect the basic values, behaviours, and preferences of the society-all of which have an effect on consumer marketing decisions.
Cultural Environment
The cultural environment mean a environment which affect the basic values, behaviours, and preferences of the society-all of which have an effect on consumer marketing decisions.
Socio-cultural environment
A set
of beliefs, customs, practices and behaviour that exists within a population. International companies often include an examination of the sociocultural environment prior to entering their target markets.
Educational institutions -:
Educational institutions are also main part of societies . They provide good knowledge, education, awareness, thinking, what should students buy or not to buy . Suppose if a student is habitual to drink the tea and if his teacher advice him that this is harmful to his health after his guidance students can avoid to drink tea after this the sale of tea will decrease .
Educational institutions -:
Educational institutions are also main part of societies . They provide good knowledge, education, awareness, thinking, what should students buy or not to buy . Suppose if a student is habitual to drink the tea and if his teacher advice him that this is harmful to his health after his guidance students can avoid to drink tea after this the sale of tea will decrease .
Religion -:
Religion is also effects the business socially. Religion means the system in which group of persons trust in God . Different religions have different principles , rules and regulations in which they sacrifice to use some products and to eat some food , In Hindu religion, they never use leather products . They affects the sale of leather industries . So, businessman must analyse the targeted audience and after listening their religious thoughts , he should produce the goods .
McDonalds
Strategy of McDonalds in India, which made them Benefit in Social Environment of India
McDonalds Made segment according to Demographic Factor in the Society of India.
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So that Indias People Taste & Preference Changed, Which is Beneficial to McDonalds.
McDonald's Made Positioning of their food that our food are Healthy food, And We Believe in Total Quality Management.
Due to this Positioning Indias Society Prefer McDonalds, Which is the Benefit of McDonalds.
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McDonalds always Believe in Standard & Glamour, So that They Can Fulfill the psychogenic Need of Society.
McDonalds Foods are Known as Affordable & Convenience Food in the Society, Which Gives direct Benefit to McDonalds.
McDonalds use Eco-Friendly Culture & Environment in their Restaurant, Which Gives them Benefit in the Social Environment of India.
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McDonalds uses the New Technology to made their food and for Cleaning . Due to which Social Environment affected, which gives them Benefit. McDonald always Influence whole Family to have food in their Restaurant. Due to all these McDonalds is one of the most Demanded Restaurant in the Society.