ENTREPRENEURSHIP

Detailed explanation-1: -There are three factors that influence population change: birth rate, death rate, and migration.

Detailed explanation-2: -When data is collected for a long period of time, patterns are formed with such statistics-this is essentially what a demographic trend is. A demographic trend can be defined as a long-range demographic change observed historically in populations around the world.

Detailed explanation-3: -Demographic change is the main reason organizations need to adapt their practices in order to respond to increasing diversity within labor markets. Diversity alters pools of potential employees, and the needs of employees, as well as influencing broader business objectives like service provision.

Detailed explanation-4: -Demographic change describes the changes in population size and structure caused by changes in birth rates, death rates, and by migration. Demographic change in the Western developed countries of today is marked by low birth rates below population replacement and by rising life expectancy.