Topic Three, Part 10 - Social Factors Flashcards
1
Q
What are Demographic change social factors?
A
The make-up of population: age, gender, ethnicity.
2
Q
What is the grey pound?
A
The spending power of older people as they are highly profitable clientele.
3
Q
What are pressure groups?
A
An organised group that seeks to influence government policy or legislation
4
Q
How do demographics influence labour supply?
A
- changes in population impact labour supply
- older staff are regarded as more reliable
- Different training based on language and culture
5
Q
How has changing consumer taste and fashion factors influenced businesses?
A
- Fashion is more disposable
- tastes are more cosmopolitan
6
Q
What are changing lifestyle social factors
A
- increase of gym membership
- On demand tv services
- online shopping
7
Q
What changing expectations are there in the workplace?
A
- holiday entitlement
- paternity leave
- gender equality
