Question

demographical change of external environment
of intance age gender faimly

Answer 1

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Demographic environment refers to the human population characteristics that surround a firm or nation and that greatly affect markets....

Income is one demographic variable that can affect businesses. A company's products usually appeal to certain income groups. ... Conversely, people with comparatively lower incomes are more sensitive to price and, therefore, may prefer purchasing discount products. People with lower incomes have less disposable income.....

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Answer 2

Answer:

Demographic environment refers to the human population characteristics that surround a firm or nation and that greatly affect markets....

Income is one demographic variable that can affect businesses. A company's products usually appeal to certain income groups. ... Conversely, people with comparatively lower incomes are more sensitive to price and, therefore, may prefer purchasing discount products. People with lower incomes have less disposable incom