What Is a Dependency Ratio

question 26

Multiple Choice

What is a dependency ratio?

• A)a way of comparing dependants to providers in the workforce
• B)the ratio of children to adults in a Canadian household
• C)a ratio of debt to income
• D)the ratio between private pensions and government-funded pensions

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Definitions:

Target Market

The specific group of consumers at which a company aims its products and services.

Segmentation Process

The act of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups based on some type of shared characteristics.

Marketing Strategy

A firm’s target market, marketing mix, and method of obtaining a sustainable competitive advantage.

Vision

A forward-looking statement or concept that outlines what an organization aspires to achieve in the future, guiding its strategic decisions and direction.