Explain five ways in which the demographic environment may positively influence business activities

      

Explain five ways in which the demographic environment may positively influence business activities

  

Answers


Martin
- Age of the population may influence the type of business to be established e.g. a population comprised of the youth tend to like high tech products like video games, smart phones

- Education/literacy levels of the population may influence the type of business e.g. more bookshops for increased number of academic institutions

- The Gender of the population- increased business for those whose products are valued by certain gender e.g. male/female wear

- The size of the population- increased number of people leading to increased demand

- The distribution of the population i.e. the densely populated areas as businesses are attracted to areas of high population density.

- The high birth rates/ low death rates- increases demand for products

- The Migration rate-immigration and emigration rate
marto answered the question on September 25, 2019 at 10:26


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