11 Olivia is looking into opening a day care in her community. She is aware ofmany single-parent families that need a place for their children to stay whilethey work, but she is concerned about the long-term prospects for such abusiness. Olivia thinks the future of her day care will depend on whetherbirth rates and the number of single-parent families keep growing. Theseconcerns illustrate how businesses can be affected bytrends.Multiple Choiceeconometricgeographicdemographicpsychometric

There can be various trends that affect the idea of a business or the ways in which entrepreneurs…

Answered: Olivia is looking into opening a day…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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