BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Social. Society and culture have great impacts on the business environment. These factors include demographics like population growth, age distribution, and attitudes toward safety and health consciousness.

Detailed explanation-2: -Demographic Forces in the Macro Environment This includes population size, density, age, gender, occupation and other statistics. Why are people important? Because, on the whole, their needs is the reason for businesses to exist. In other words, people are the driving force for the development of an industry.

Detailed explanation-3: -3. Social factors in PESTLE Analysis. Social factors include cultural norms and expectations, health consciousness, population growth rates, age distribution, career attitudes, health, and safety.

Detailed explanation-4: -In the field of marketing, the macro environment is the set of external factors and forces, not controlled by the company, that influence its development. It mainly includes demographic, economic, cultural, technological, legal or political elements.

Detailed explanation-5: -In contrast, the macro environment refers to broader factors that can affect a business. Examples of these factors include demographic, ecological, political, economic, socio-cultural, and technological factors.