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there are so many demographic and economics factors affecting an organization be it governmental or non governmental organization.Among the demographic factors are migration of the people,fertility and mortality.They affect organization positively and negatively .For instance
Wiki User
∙ 14y ago
Demographics provide information about the characteristics of a target market, such as age, gender, income level, and location, which helps businesses tailor their products, services, and marketing strategies to effectively reach and engage their desired customers. Understanding demographics allows businesses to make informed decisions to meet the specific needs and preferences of their target audience, ultimately leading to increased customer satisfaction and profitability.
Wiki User
∙ 9y agoDemographics have a large affect on a company. Depending on what the people in a given area consider to be of importance in their life will determine the demand for a product or service. The ability to obtain the materials to manufacture a specific type of good or deliver a specific service will have a big impact on the costs a company encounters.
Wiki User
∙ 11y agoGain market insight by accessing demographic data and research relating to births, deaths, marriages and divorces.
Economic Performance;
Long-Term Economic Stability;
External Markets and Exports;
National Environmental Sustainability
Source(s):Wiki User
∙ 14y agoIf businesses are not aware of which demographic surrounds them, they probably won't know how to appeal to the demographic successfully.
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What do demographics include?
Demographics refer to specific characteristics of a population, such as age, gender, income, education level, ethnicity, and geographic location. Analyzing demographics can provide valuable insights for businesses, governments, and organizations to better understand their target audience and tailor their strategies accordingly.
Demographics what does it mean?
Demographics refer to statistical data that describes a population, such as age, gender, income, education level, and geographic location. This information is used by businesses, governments, and organizations to understand and target specific groups of people for various purposes.
Why is it important to know how many people there are in a country?
Knowing the population of a country is important for policy-making, resource allocation, and planning services such as healthcare, education, and infrastructure. It also helps in understanding demographics, social trends, and economic conditions. This information is crucial for governments, businesses, and organizations to make informed decisions.
How do you use demographics?
Demographics are used to classify and segment populations based on characteristics like age, gender, income, education, and location. This information can help businesses target their marketing efforts more effectively, tailor products and services to specific customer groups, and understand trends and preferences within different demographic segments.
How diamonds affect demographics?
Diamonds do not directly affect demographics. However, the mining and selling of diamonds can impact the economic conditions in regions where they are sourced, which may in turn influence demographics through factors like employment rates, migration patterns, and wealth distribution.
What demographic factors can affect a business?
Demographics such as income, race and location are all factors that affect businesses. Businesses use this information in order to meet their customer's needs.
What does NetSuite CRM allow for businesses to do?
Answer 1: NetSuite CRM allows businesses to better their customer management. Increasing customer service, better conflict resolution and a view of the customer demographics are all included in it.#aashnacloudtechAnswer 2: NetSuite CRM allows businesses to better their customer management. This includes increasing customer service, better conflict resolution, and a view of the customer demographics.
What are important businesses in Kenya?
Who are the top 10 businesses in Kenya?
A sentence for the word demographics?
Demographics refer to statistical data relating to specific populations, such as age, gender, income, and education levels.
What Program Administrator wants you to complete your portion of setting up your account which portion do you complete?
Demographics
What is The statistical characteristics of human populations are called?
I believe the word your looking for is "Demographics" It's a segmentation or statistical break down of populations by age, sex, income, education, ethnic origin etc. Many businesses use demographics to develop their marketing strategies, however demographics are used by most all organizations where human populations, their density and breakdown are a concern. Demography is usual term.demographics
How statistics is useful in business management?
Statistics help businesses determine the best approach to attracting customers. Managers study demographics and learn how to market their products to customers.
How diamonds affect demographics?
Diamonds do not directly affect demographics. However, the mining and selling of diamonds can impact the economic conditions in regions where they are sourced, which may in turn influence demographics through factors like employment rates, migration patterns, and wealth distribution.
Do businesses still make their employees attend a business writing class?
Most businesses do not. That has not become as important to businesses.
What are some demographics of albinism?
What are the demographics of albinism:
What are important businesses in France?
boobs
Why is communication important in businesses?
Communication is important in businesses because without it the business will fall apart because no-one will know what their duties are.
