Taking reference to manufacturing business in your native town, explain the socio-economic dimensions and its effect on the business environment.
The socio-economic environment refers to the social and economic conditions that influence how businesses operate and grow. It includes factors like income levels, employment, education, cultural practices, market demand, and government policies that affect both businesses and the community. Socio-Economic Impact on Manufacturing Business Using a manufacturing business in a local town as an example, … Read more