demographic

(noun)

A characteristic used to identify people within a statistical framework.

Related Terms

  • competitive advantage
  • Foresight

Examples of demographic in the following topics:

  • The Importance of Organizational Diversity

    • Some theorize that, in a global marketplace, a company that employs a diverse workforce is better able to understand the demographics of the global consumer-marketplace it serves, and is therefore better equipped to thrive in that marketplace than a company that has a more limited range of employee demographics.
  • The Trait-Theory Approach

    • Demographic: In this category, gender has received by far the most attention in terms of leadership; however, most scholars have found that gender is not a determining demographic trait, as male and female leaders are equally effective.
  • The Technology Life Cycle

    • These have also been distributed into phases which effectively summarize the demographic groups presented during each stage of TLC:
    • Early Adopters - A larger but still relatively small demographic, these individuals are generally risk-oriented and highly adaptable to new technology.
    • Categorize the four distinct stages in the technology life cycle and apply the five demographic consumer groups in the context of these stages
  • Culture-Specific Nuances of Human Resources Management

    • Different markets mean difference demographics, and different demographics mean different behavior approaches.
  • The Challenge of Globalization

    • Managers should also be aware of the best way to approach global demographics from a business to consumer perspective, taking an international product or service and localizing it successfully.
    • Intercultural marketplaces allow for differing demographics, larger market potential, a more diverse customer base (and therefore more diverse product offering) and a highly valuable human resource potential.
  • The Challenge of Diversity

    • As globalization creates higher potential value in approaching diverse markets and demographics, understanding how to manage a diverse community internally is a priority for management.
    • Without differences in perspective, companies have little room to expand into new demographics or innovate new solutions.
  • Technical Skills of Successful Managers

    • This individual must be capable of realizing the legal, demographic, social, technological, and economic considerations of entering a market; the manager will use effective research and delegation skills and also consolidate the information into a useful presentation using technological and communicative skills.
  • Modular Structure

    • Another (more internally focused) modular model involves the existence of various consumer services which cater to dramatically different needs or demographics.
  • Differences Between Strategic Planning at Small Versus Large Firms

    • MNEs are tasked with aligning complex and often dramatically different processes, demographic considerations, employees, legal systems, and stakeholders.
  • Financial Rewards for Managers

    • This approach can be of particularly high importance to career development for older demographics, who may have extensive experience in more traditional methods.
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