demographic
(noun)
A characteristic used to identify people within a statistical framework.
Examples of demographic in the following topics:
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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.
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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.
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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
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Culture-Specific Nuances of Human Resources Management
- Different markets mean difference demographics, and different demographics mean different behavior approaches.
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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.
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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.
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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.
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Modular Structure
- Another (more internally focused) modular model involves the existence of various consumer services which cater to dramatically different needs or demographics.
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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.
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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.