Business response to overcome sociocultural barriers

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Reference no: EM133331354

As society and culture change, a business must adapt to stay ahead of its competitors and remain relevant in the minds of its stakeholders. Such changes include changes in customer preferences in response to shifting trends and generational differences, demographic changes, and innovations in goods, services, and social media. For this discussion:

Reflect on the various potential changes of sociocultural factors.

Identify one specific sociocultural factor and identify a company that positively adapts to that factor to stay relevant and successful.

Describe how the company has responded positively.

Compare amerco company to the "worst" company regarding sociocultural barriers.

What conclusions can you reach about the business response to overcome sociocultural barriers?

Reference no: EM133331354

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