4 unit IP.docx - Demographic knowledge Demographics knowledge embrace data on age gender socioeconomic standing education and house size among others

4 unit IP.docx - Demographic knowledge Demographics...

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Demographic knowledge Demographics knowledge embrace data on age, gender, socioeconomic standing, education, and house size among others. This data can facilitate the corporate to grasp the type of population the market has, people's manner, monetary ability, and social activities. This knowledge is additionally accustomed to establishing the scale of the targeted customers and its future trend supported the present population-based on age. as an example, during this case, New town Home Care can assess the old population within the space victimization the demographic knowledge. The organization will manage to gauge the long-run trend of the targeted population to see the doubtless changes which will manifest itself within the market in the future. this may be done by
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