Which of the Following Statements Does NOT Describe One of the Results

question 62

Multiple Choice

Which of the following statements does NOT describe one of the results of the declining pool of younger workers?

• A)A greater number of older workers mean that a company's workforce will be less stable.
• B)Productivity should increase since older workers make greater contributions to productivity.
• C)Insurance and medical costs to organizations are likely to increase.
• D)Obtaining new workers will be increasingly difficult.
• E)There will be fewer potential entrants into the labor force.

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Definitions:

Consumer Behavior

The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and desires.

Market Segmentation

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

Total Market

The entire pool of potential customers for a product or service, encompassing all segments and demographics.

Identifiable Groups

Collections of individuals or entities that can be distinctly recognized based on certain characteristics or criteria.