Which of the Following Is a Demographic Trends That Has

question 182

Multiple Choice

Which of the following is a demographic trends that has significant implications to global marketers?

• A) the declining populations in Latin American countries
• B) the large and growing markets in India and China
• C) the tripling of the population of consumers under 40 years old
• D) the decreasing interest in entrepreneurship in developing countries
• E) the lack of savings of elderly populations in developed countries

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Definitions:

Staffing Efforts

The activities involved in identifying, acquiring, and managing personnel to meet an organization's needs.

Customer Satisfaction

The measurement of how products or services supplied by a company meet or exceed the expectation of its customers.

Greater Effectiveness

Achieving enhanced performance or outcomes in a more efficient, productive manner.

HR Department

The division within an organization responsible for personnel sourcing, hiring, training, policy implementation, and ensuring workforce compliance with legal standards.