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Unformatted text preview: undry, personal care
services, and other personal services. The industry
as a whole is highly fragmented, and local demand
for these services is closely tied to disposable
income and the population’s demographics and
growth. While a growing and aging population
provides an expanding customer base for many of
these services, the high costs associated with business activities leave them vulnerable to volatility
in consumer disposable income. In addition, dry
cleaning and laundry, personal care services, and
personal services face increasing competition from
convenient and frugal do-it-yourself products.
As disposable income begins to rebound, service providers will have to continuously cultivate
visibility and effective marketing strategies to be
competitive. Religious, Grantmaking, Civic,
Professional, and Similar Organizations
Religious, Grantmaking, Civic, Professional, and
Similar Organizations is comprised of nonprofits;
grant and scholarship foundations; and business, civic, and professional organizations. It is the largest industry in Other Serv...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery