Question

Do demographics and the value of the dollar have an influence on the success of a...

Do demographics and the value of the dollar have an influence on the success of a company?

Homework Answers

Answer #1

Demographics play a major role in in the success of the company where consider a company is a luxurious product manufacturers enjoy the population of that areaa is middle and lower income group and this can get to the downfall of the company or loss resulting from that as people will not show interest in buying such products. Also consider a case where the company is actually importing raw materials and if the value of dollar is falling the costs will increase and this can ultimately lead to the reduced in companies profit levels and the success can reduce and this means that both demographics and value of dollar influence the success of the company

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