Question

Casey is looking into opening a day care in her community. She is aware of many single-parent families that need a place for their children to stay while they work, but she is concerned about the long-term prospects for such a business. Casey thinks the future of her day care will depend on whether birth rates and the number of single-parent families keep growing. These concerns illustrate how businesses can be affected by ________ trends.
A. psychometric
B. econometric
C. holographic
D. demographic

Answer 1

Answer:

The correct answer is letter "D": demographic.

Explanation:

Demographic trends are all those factors in the external environment of the company that can affect the business. Population, natural atmosphere, and politics are the most typical factors that influence externally if a business can be successful or not. They also determine where a business project should take place.