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  • What Are Demographics?: Changing Demographics Have A Direct Impact On Business Models and Strategies

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    Ignetheas Apoi
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    Demographic analysis is the study of a population based on factors such as age, race, sex, employment, education, income, marriage rates, birth and death rates. Workforce change can include the need for staffing reductions and restructures, which may result in redundancies. The need for workforce change can arise from organizational requirements, declining resources, changes in how an organization operates, and changes in legislation or practices. Changing demographics directly impact business models and strategies.

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    Demographic analysis is the study of a population based on factors such as age, race, sex, employment, education, income, marriage rates, birth and death rates. Workforce change can include the need for staffing reductions and restructures, which may result in redundancies. The need for workforce change can arise from organizational requirements, declining resources, changes in how an organization operates, and changes in legislation or practices. Changing demographics directly impact business models and strategies.

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    4 views1 page

    What Are Demographics?: Changing Demographics Have A Direct Impact On Business Models and Strategies

    Uploaded by

    Ignetheas Apoi
    Demographic analysis is the study of a population based on factors such as age, race, sex, employment, education, income, marriage rates, birth and death rates. Workforce change can include the need for staffing reductions and restructures, which may result in redundancies. The need for workforce change can arise from organizational requirements, declining resources, changes in how an organization operates, and changes in legislation or practices. Changing demographics directly impact business models and strategies.

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    © All Rights Reserved
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    What Are Demographics?

    Demographic analysis is the study of a population based on factors such as age,


    race, and sex. Demographic data refers to socioeconomic information expressed
    statistically including employment, education, income, marriage rates, birth and death
    rates, and more.

    The term 'workforce change' can be used to define a variety of scenarios,


    including the need for staffing reductions, and restructures - which may but do not
    always result in redundancies.

    The need to consider workforce change can arise from a variety of reasons,
    including organisational requirements, declining resources, changes in the way
    the organisation operates and changes in legislation or organisation practices.
    Changing demographics have a direct impact on business models and strategies.

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