Why should managers and organisations study global demographics?
A)Fewer people will make decisions that affect the organisation
B)Demographics can determine the impact of future markets
C)Technology will be able to provide more real-time responses to demands
D)Physical characteristics of populations will remain constant over time
E)Changing demographics will change sociocultural aspects of doing business

Question

Quizplus · Accepted Answer

Demographics can determine the impact of future markets, as they can provide insights into the size, age, and income distribution of potential customers.

Why Should Managers and Organisations Study Global Demographics