How social cultural environment effect business environment?

Question

How social cultural environment effect business environment?

Answer 1

Selling fridges to Eskimos is not good business

Tacos to the Chinese?

Answer 2

60 minutes just did a piece on this.  In the segment, they indicated that the way in which baby boomers raised their children (millenniums, was the term they used) to never fail, have high self-esteems and giving them everything that they did not have as children has affected the way businesses manage employees.  Millenniums don't or won't stay at jobs where they are not rewarded, self-fulfilled or social and think nothing of having 2-4 jobs annually.  Take a look at the CBS/60 minute tab for more details.  Very interesting perspective on how my generation raised our kids and how it is impacting business.

Answer 3

poor environment

not much business

rich environ

varied and brisk business