Coastwed is a company that sells traditional wedding accessories in the country Calpontus. Over the past 10 years, the company has been experiencing a gradual drop in its business because of fewer people opting for marriage. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

-- technological component
-- sociocultural component
-- economic component
-- political component

Question

QueenKy2613 QueenKy2613

11-02-2020
Business

contestada

Coastwed is a company that sells traditional wedding accessories in the country Calpontus. Over the past 10 years, the company has been experiencing a gradual drop in its business because of fewer people opting for marriage. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

-- technological component
-- sociocultural component
-- economic component
-- political component

Respuesta :

Otras preguntas

Find the simplified product: 3 sqrt 2x^5 *3 sqrt 64x^9

2 Points What was true of the Radical Republicans' plan for the South?

The lengths of two sides of a right triangle are 5 inches and 8 inches. What is the difference between the two possible lengths of the third side of the triangl

Help!! so hard!!! Help me!!!

The returns on the common stock of Maynard Cosmetic Specialties are quite cyclical. In a boom economy, the stock is expected to return 22 percent in comparison

How can you know if it’s a good time to start your business A. If you feel excited about it B. There’s never a bad time to start your business. C. When the ec

Read the excerpt from "What to the Slave is the Fourth of July?” Go where you may, search where you will, roam through all the monarchies and despotisms of the

Which of the following is the best example of a pioneer species?A. lichens growing on rocks after a volcanic eruptionB. grasses growing after a forest firec. oa

In the triangle below, what ratio is cos h?

Females of one fish species use an appendage with a glowing tip to lure prey. Bacteria living in the appendage produces this glow. The appendage provides the ba

Numenius Numenius · Answer 1 · 2020-02-13T11:34:06+01:00

Answer: Socio-cultural component

Explanation:

The socio-cultural component is one of the type of method that helps in explain the society and also the culture environment.

It is the set of practices which is distinctive and also characterized from the society group.

According to the given scenario, the socio-cultural component is one of the best concept that illustrating the coast-wed company effect due to experiencing the gradual drop in the business.

Therefore, Socio-cultural component is the correct answer.