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Demand for home healthcare services increased due to rising elderly population. This is an example of which dimension?

Answer and explanation

Correct answer: Social dimension

Direct answer: Option C, the social dimension. Population age structure is a demographic feature, and demographic features are included in the social dimension of the business environment. If the number of elderly people rises, their needs and preferences change market demand; here, the demand for home healthcare increases. Option A, legal dimension, would involve laws, rules, licences or compliance, none of which is stated. Option B, technological dimension, would involve medical devices, software or a new treatment, but the cause given is the rise in elderly population. Option C is correct because the direct cause is a change in population composition. Option D, political dimension, concerns government decisions and political stability, not age distribution. Memory cue: population size, age, gender, education and lifestyle are social or demographic clues.

Related tags

Business Environment Dimensions Social Elderly PopulationDimensions Of Business EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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