As the Managers of a New Product Development Department for a Montreal

question 102

Multiple Choice

As the managers of a new product development department for a Montreal based company,Carmen is very aware that ________ is a major shift taking place in the workforce.

• A)shifts in global population
• B)aging of the population
• C)declining birth rates
• D)increasing inflation

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Definitions:

Services Provided

The actions or activities carried out by a company or an individual to satisfy a customer's needs or wants.

Human Development Index

An index measuring three basic dimensions of human development: life expectancy, education, and per capita income indicators, used to rank countries into tiers of human development.

Purchasing Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess the relative value of the currencies and the cost of living.

Consumer Price Index

An index measuring the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.