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Class 12 Business Studies Business Environment Dimensions of business environmentHard

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A company launched a new range of home health devices due to rising elderly population. This is the effect of which dimension?

Answer and explanation

Correct answer: Social dimension

Change in age structure is a demographic and social factor. In exams understand population profile as social dimension.

Related tags

Social Dimension Demography Elderly Market Dimensions Of Business Environment Business Environment Business Studies Class 12 Mcq

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