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A company creates special packaging because giving gifts during festivals is a widely followed social tradition. Which dimension of the business environment does this illustrate?

Answer and explanation

Correct answer: Social dimension

Festival customs and gift-giving traditions are part of society’s culture. A company responding to these customs is responding to the social dimension of its business environment.

Related tags

Business EnvironmentSocial DimensionCultural TraditionsDimensions Of Business EnvironmentBusiness StudiesClass 12 Mcq

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