The Changing Demographics of a Population Over an Extended Period

question 62

Multiple Choice

The changing demographics of a population over an extended period can give managers insight into ________.

• A)the future diversity management challenges
• B)the future competition level in the market
• C)the future price that their product will command
• D)the future changes in the technological environment
• E)a future legislation they will have to deal with

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Definitions:

Productivity

A measure of efficiency that shows the amount of output produced per unit of input.

Liquidity

The ability of an asset to be quickly converted into cash without significant loss in value, or a company's ability to meet its short-term obligations.

IFRS

International Financial Reporting Standards, a set of accounting guidelines providing a global framework for financial statements.

Commercial and Tax Law Approach

Pertains to the legal frameworks and interpretations that govern the conduct of businesses and the calculation of taxes.