Pets on the Run, Inc., a mobile pet care company, is planning for the future. As a business student who has studied social trends, which of the following statements reflects the need for Pets on the Run's service in the future?
A) Mobile pet care will not be needed because the majority of people are working which means that nobody is home.
B) People will always prefer to take their pets to the veterinary clinic and groomer.
C) The aging population will be a sizeable market for this firm.
D) People who would require this service would be higher income individuals. Retired people would not be a market for this firm because they do not have money to care for pets.

Question

Quizplus · Accepted Answer

People are living longer and living longer in their homes. There are many business opportunities to serve the aging population. As pets have become important family members, the aging population is likely to be a sizeable market for pet care and in-home pet care.