Business - Demographic Change

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  • 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

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