How can changing demographics have an effect upon the future of services being offered? Identify a service industry that will have growth due to changing demographics
What will be an ideal response?
Answers will vary. As the population of baby boomers age, service industries will need to meet the needs of these older individuals. Industries with growing demand include recreational opportunities, health care, and living assistance for seniors.
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The discussion of newspaper auto reviews in the chapter illustrates the need for companies to be aware of a constantly rising value bar
Indicate whether the statement is true or false
Contract rights may be ____________________ to a third party
Fill in the blank(s) with correct word
Which of the following statements is true about a diagnostic interview?
A. Its purpose is to validate the evidence of an applicant's past performance. B. It is a preliminary screening of applicants in the selection procedure. C. It is conducted to verify the educational background of an applicant. D. Its purpose is to assess various aspects of an applicant's personality.
In the context of a new product, the sales of the product most likely peak during the _____ of its life cycle.
A. introduction stage B. growth stage C. maturity stage D. decline stage