Asked by
Sheila Mae Mellorin
on Dec 13, 2024
Verified
Which of the following is a demographic trends that has significant implications to global marketers?
A) the declining populations in Latin American countries
B) the large and growing markets in India and China
C) the tripling of the population of consumers under 40 years old
D) the decreasing interest in entrepreneurship in developing countries
E) the lack of savings of elderly populations in developed countries
Demographic Trends
Patterns of change over time in the demographic characteristics of populations, such as age, race, gender distribution, which can affect market dynamics.
Global Marketers
Professionals or companies that develop and implement marketing strategies across multiple countries, considering global diversity in consumer behavior and market dynamics.
- Acknowledge the influence of cultural evolution and demographic shifts on strategies for global marketing.
Verified Answer
HB
Learning Objectives
- Acknowledge the influence of cultural evolution and demographic shifts on strategies for global marketing.