Businesses must be conscious of the __________, or social norms and beliefs in which they operate

  • School Strayer University
  • Course Title FIN 100
  • Pages 1

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Businesses must be conscious of the __________, or social norms and beliefs in which they operate.

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What are social norms in business?

Social norms: the rules of behavior that are considered acceptable in a group or society. This includes what is expected of you and what you think is expected of you by your community or a particular group.

What is a cultural norm?

Social and cultural norms are rules or expectations of behavior and thoughts based on shared beliefs within a specific cultural or social group. While often unspoken, norms offer social standards for appropriate and inappropriate behavior that govern what is (and is not) acceptable in interactions among people.