Population growth and changing demographics are examples of the _______business environment that can have an effect on sales.

Question

Quizplus · Accepted Answer

Population growth and changing demographics are social factors that can have an impact on sales. Economic factors refer to financial conditions, such as inflation or recession, while technological factors relate to advancements and innovations in technology. Competitive factors refer to the presence and actions of rival businesses.

Population Growth and Changing Demographics Are Examples of the _______Business