Demographic environment
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Answer:
Demographics is about the characteristics of the population in a specific area and includes multiple factors like age, race, income, etc.
Answer:
Demographics is about the characteristics of the population in a specific area and includes multiple factors like age, race, income, etc. Further, most businesses find the data with respect to these factors within the targeted demographic variable of interest as it can affect the growth and success of a business. What is a demographic environment?
Demographic environment refers to the human population characteristics that surround a firm or nation and that greatly affect markets.
Explanation: