The related component is social environment. Social Environment describes characteristic of the society in which the organization exists. Literacy rate, educational levels, customs, beliefs, value, lifestyle, age, demographic distribution and mobility of population are part of the social environment. It is important for managers to remember that although changes in the attributes of a society may come either slowly or quickly, changes will come inevitably. For example, demand for reservation in jobs for minorities and *****, equal pay for equal work for male and female workers.
