Jill is looking into the possibility of opening up a day care center in her community, because she is aware of many single-parent families that need a place for their children to stay while the parents work. She is concerned about the long-term prospects for such a business. Jill believes the future of her center will depend on whether birth rates and the number of single-parent families remain high. These concerns illustrate how businesses can be affected by:
A)econometric trends.
B)demographic trends.
C) holographic trends.
D)psychometric trends.

Question

Quizplus · Accepted Answer

Demographic trends refer to changes in the characteristics of a population, such as birth rates and family structures. Jill's concerns about the future of her day care center being influenced by birth rates and the number of single-parent families reflect how businesses can be affected by demographic trends.

Jill Is Looking into the Possibility of Opening Up a Day