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Question

State with reasons whether the following statements are True or False.

Social environment consists of factors related to the management of public affairs.

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Solution

Social environment consist of factors related to the management of public affairs- True

Explanation:
True. Social environment deals with the management of public affairs (i.e. social issues) in the sense that this environment comprises social forces, such as customs, traditions, social values, social trends, etc. For example, religious celebrations provide business opportunities to many enterprises, such as those producing sweets, decoration items, etc.

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