to the customers to meet those needs. The market now determines what the manufacturer produces or the retailer sells and information collected from customers provides the basis for the focus for all organisational activities. Do not make assumptions about customers and their needs‚ ensure that you identify just who your customers are and what their needs are. Communicate with them often and regularly. Go directly to your customers for the information you need for information on customers priorities
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SWOT ANALYSIS; PHILIPPINE DEMOGRAPHIC STRENGTHS Age ranges – the larger the age bracket an environment has‚ the stronger the business could survive because of market variety. Working population – great number of people who have a job and able to work could have the ability to purchase. Leisure activities – since people are reducing their working hours for leisure activities‚ these reductions could mean more time for most consumers to buy goods and services without time pressures. Means of transportation
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Demographic transition The Demographic Transition is a model created by Warren Thompson an American Demographer in 1929‚ and the model was designed in 4 stages (1 being low growth-4 being low growth also). The model is applied to every country in the world showing birth and death rates with natural increase. Stage 1 is a stage that no longer any country is in thanks to the agricultural revolution which occurred between 8000 B.C. through 1750 A.D. During stage one a country experiences very high
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Demographic Transition Theory In Sociology there are numerous theories that we use to explain‚ analyze and define populations‚ one of these theories being the Demographic Transition Theory‚ developed primarily by Warren Thompson of Sweden. This theory was initially used to trace the transition of European society’s population from primitive communism to nineteenth century capitalism it dealt with demographic and social change throughout the European historical landscape. According to Jackson
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effect on economic growth and the concept of “demographic dividend” emerged. Demographic dividend is defined as a rise in the rate of economic growth due to a rising share of working age people in a population. This phenomenon occurs with a falling birth rate and the consequent shift in the age structure of the population towards the adult working ages. It is also commonly known as the demographic gift or bonus or demographic window. The demographic dividend‚ however‚ does not last forever. There
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Team C has chosen to write about CIA Global Demographics Set. The task is to propose 30 or more observations of ratio and interval scale data. Five countries were chosen to focus on and compare. Analyzing Nigeria‚ United States‚ Canada‚ Norway‚ and Brazil ought to prove interesting as they each have varying gross national product‚ life expectancy‚ unemployment‚ and literacy rates‚ and other opportunities. The 5-7 references will be from individual websites on each country as we learn more about
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Assuming the demographic changes about Hispanics are accurate‚ comment on how this shift changes the segmentation in the grocery and the fast food industries. For example‚ if a grocery store that you visit frequently currently has about 15% of its space dedicated to Hispanics should that be changed now in light of the demographic research? Be sure to use key demographic and lifestyle facts and figures about these markets and their consumers. The Hispanic population in the U.S. has been growing for
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Reflection 1: Life History and Demographics Interviews of older adults were conducted on the subject of their life history and demographics. Each interviewer was given conversation prompts on basic life history such as: year and place of birth‚ family structure‚ career path‚ and education in order to gain basic knowledge of the interviewee. The interviewees were also asked questions about the demographic shift in society and how he or she believes the shift will impact older adults. In addition
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Determinants of Demand of Residential Real Estate Demographics Demographics are the data that describes the composition of a population‚ such as age‚ race‚ gender‚ income‚ migration patterns and population growth. It is obvious that as the population increases‚ so will the demand for housing. As the income increases‚ so does the demand of real estate as people would be willing to pay higher prices. These statistics are an often overlooked but significant factor that affects how real estate
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in the future. d. Be able to explain how demographic changes will impact health education delivery into the future. Insight: By just reading the title it gave me an idea of what I would expect regarding the topic. My topic talks about the trends regarding the practice of health education in the future. We sometimes hear that change‚ in this world‚ is constant and that is also true in the practice of health education. Demographics and societal trends play some part in this change
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