Question

NO HANDWRITTEN OR COPIED ANSWERS PLEASE

Identify social trends that affect how individuals (and businesses) behave and set priorities; provide examples.

Answer 1

Social trends that affect how individuals (and businesses) behave and set priorities:

• New forms of entertainment and recreation: With new forms of entertainment and recreation such as online web series, Netflix, Amazon prime, people are gradually shifting from television to streaming media.
• Increased in taste of healthier food options: In internet era, everything is available at the click of mouse, people are gradually shifting towards healthier food options which are available more easily.
• Incline towards fitness and fitness products: People are shifting towards fitness and fitness products due to increased awareness of being healthy and how it affects a person's longevity.
• Reliance on alternative sources of energy: As conventional energy sources like crude oil are limited, businesses are evaluating different forms of alternative energy which can be looked for and it is fast catching up, people are buying hybrid and electric cars as means of transport.
• Diversity in workforce: As globalization is accelerating its footprints, world has no boundries, people from different ethnicity, cultural, race are now accepted. There exists lesser discrimination as compared to earlier instances