Menoth, a recreational resort for the elderly, saw a sharp increase in its customers in the last decade compared to the period between 1996 and 2006. This was because 65% of working individuals retired in the last decade. Identify the dimension of the social environment that this scenario exemplifies.
A) Ethical policy
B) Social responsibility
C) Aging population
D) Diverse workforce

Question

Quizplus · Accepted Answer

The scenario exemplifies the dimension of an aging population, as it highlights the increase in customers due to a significant number of individuals retiring, indicating a demographic shift towards an older population.

Menoth, a Recreational Resort for the Elderly, Saw a Sharp