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Coastwed is a company that sells traditional wedding accessories in the country Calpontus. Over the past 10 years, the company has been experiencing a gradual drop in its business because of fewer people opting for marriage. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

-- technological component
-- sociocultural component
-- economic component
-- political component

Respuesta :

Numenius

Answer: Socio-cultural component

Explanation:

  The socio-cultural component is one of the type of method that helps in explain the society and also the culture environment.

It is the set of practices which is distinctive and also characterized from the society group.

According to the given scenario, the socio-cultural component is one of the best concept that illustrating the coast-wed company effect due to experiencing the gradual drop in the business.

 Therefore, Socio-cultural component is the correct answer.