Which of the Following Best Illustrates the Assertion That "Demographics

question 22

Multiple Choice

Which of the following best illustrates the assertion that "demographics provide important data about the population,but societal values translate that data into business implications"?

• A) Many North American steel manufacturers were driven into bankruptcy because they were slow to adopt an important new process technology.
• B) The construction industry tends to have higher peaks and lower valleys than the overall national economy.
• C) New pollution laws significantly increased the operating costs of coal-burning power plants.
• D) Baby boomers will be reaching retirement age, however, society's idea of retirement has expanded to include the pursuit of second careers. Therefore, companies will be able to hire experienced workers at open-market prices.

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Definitions:

Federal Income Tax

Tax levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Controlling Shareholders

Individuals or entities that own a majority of a corporation's shares, giving them significant influence over its operations.

Close Corporation

A corporation with few shareholders generally having a close personal relationship to each other and participating in the management of the business.

Surplus Revenues

Funds that exceed the expected or required amounts, often discussed in the context of governmental or organizational budgets.