Social class

Group of people within a society who possess the same socioeconomic status.

(answers.com, 2010)

Social class is more of a group. The social class you are in will determine the sort of person you are. Today's social class is established by the occupation you have, the car you drive e.c.t. As time has changed so has the social class types for example in the 1990's life was more chilled out were as in 2010 everyone is doing something. The life style has changed and with that comes new social groups. This is very good for each individual as it shows that we are moving foward in our lives.

For businessese the change of socail class can eaither be good or bad. Some businesses will cope with the change and some will not have the right businesses plans in place to deal with it. The better your social class are seen as, the better you are seen as. This is due to the image your present when in your social group. The social class can be determined by the culture you are in foe example, your culture may be one of a wealthy background therefore the people you are associated with will also have a simular background. this is due to the lifestyle you have.