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Exploring Business - Unit 1
Business Environment
Social & Technological Environment
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Created by
Leyna Johnson
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Cards (14)
What does urbanisation describe?
People moving from
rural
to urban areas
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Why do people usually move to urban areas?
There are more
job opportunities
available
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What does migration describe?
People
moving
between
countries
to
reside
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How has increasing migration affected demand for groceries?
It has increased demand for
cultural
food shops
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What are consumer lifecycle changes?
Changes in
buying habits
or spending patterns
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How has Morrisons responded to changes in consumer expectations?
By introducing
online
grocery shopping
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What do social changes include in the context of e-commerce?
Growth of e-commerce and changing
buying habits
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How can demographic changes affect a business?
They can affect demand for
products
and services
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What is the impact of the ageing population in the UK?
Demand for
products
and services can change
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How might Saga holidays need to respond to an ageing population?
By increasing
capacity
for holiday packages
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What is happening to birth rates in the UK?
Birth rates
are
continuing
to
increase
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How does an expanding population affect demand for products?
It increases demand for products and
services
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What must food producers do as the population increases?
Increase
production
to meet demand
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How does migration affect demand for products and services?
It can affect
demand
for
various
products
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