Business - Demographic Change
- Created by: Tom Ower
- Created on: 09-05-13 09:18
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- Demographic Change
- Threats
- Change in demand
- Creates greater pension costs
- Managers will have to consider their style and remuneration
- Opportunities
- Population > = Wider Market
- Change in demand
- Marketing Opportunities for new age increases
- Creates opportunities, but depends on income per head
- Can prepare through long-term plans
- Depends on...
- The nature of the business
- Depends on which demographic change
- Whether management is prepared for it
- Threats
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