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प्रश्न
TRUE OR FALSE.
Social environment exercises a significant influence on industry and commerce.
सत्य या असत्य
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उत्तर
This statement is false.
Explanation:
- The social environment includes factors like customs, traditions, values, beliefs, lifestyle, education, and social attitudes.
- These factors directly impact consumer preferences, buying behavior, and market trends, which in turn affect industry and commerce.
- For example, an increasing focus on health and wellness can boost demand for organic food and fitness services.
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