Which Is the Closest Estimate of the Percentage of the U.S.population

question 38

Multiple Choice

Which is the closest estimate of the percentage of the U.S.population that will be aged 65+ by the year 2030?

• A)5%
• B)10%
• C)15%
• D)20%

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Definitions:

Social Responsibility

Social responsibility is the commitment of a business to contribute to the well-being of communities and the environment, beyond what is legally required.

Environmental Forces

Environmental forces are external factors such as social, economic, technological, environmental, and political conditions that can affect an organization's operations and strategic planning.

Cause Marketing

A marketing strategy where businesses align with social issues or causes to generate both social and brand value.

Societal Marketing Trend

A marketing approach that considers not only the company's requirements but also the consumers' needs and society's long-term interests.