Lessons 7 Societal Environment

Question 1

is generally composed of social, political, cultural,
economic, legal, and technology

Answer 1

Societal Environment

Question 2

Also known as the general Environment

Answer 2

Societal Environment

Question 3

elements in the society resulting from
human interactions that can influence the thoughts, behaviour,
attitude, actions, and even the beliefs and customs of the
people.

Answer 3

Social Forces

Question 4

are the various elements usually comprising of the
political parties, political systems, and other related political groups
that substantially influence the political stability of a country

Answer 4

Political Forces

Question 5

Culture basically refers to the interchanged
characteristics of a group of people or ethnic group in a
particular society

Answer 5

Cultural Forces

Question 5

factors which are primarily caused by changes or
movements in the Philippine economy that have direct or indirect
effects on the entrepreneurial venture

Answer 5

Economic Forces

Question 6

the elements and bodies that are directly
involved in the legislation and interpretation of laws and
ordinances directly affecting the business

Answer 6

Legal Forces

Question 7

refer to the trends and developments
in computer and information technology that have impact on
business which occur almost everyday

Answer 7

Technological Forces