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Demographic statistics are measures of the characteristics of, or changes to, a population. Records of births, deaths, marriages, immigration and emigration and a regular census of population provide information that is key to making sound decisions about national policy.
A business plan is a formal written document containing ... Templates [3] and guides, such as ... For example, a business plan for a non-profit might discuss the fit ...
Demographic analysis is used in a wide variety of contexts. For example, it is often used in business plans, to describe the population connected to the geographic location of the business. [6] Demographic analysis is usually abbreviated as DA. [7] For the 2010 U.S. Census, The U.S. Census Bureau has expanded its DA categories. [7]
Demographic economics or population economics is the application of economic analysis to demography, the study of human populations, including size, growth, density, distribution, and vital statistics.
A demographic profile is a form of demographic analysis in which information is gathered about a group to better understand the group's composition or behaviors for the purpose of providing more relevant services. In business, a demographic profile is usually used to increase marketing efficiency.
Population growth is fastest among minorities as a whole, and according to a 2020 U.S. Census Bureau analysis, 50% of U.S. children under the age of 18 are now members of ethnic minority groups. [30] As of 2020, white Americans numbered 235,411,507 or 71% of the population, including people who identified as white in combination with another race.
A business plan focuses on the business goals and background information about the organization and key team members. It is commonly developed for a 3-5 year time frame and is useful when seeking external funding from either banks or investors. On the other hand, a growth plan is short term, typically 1–2 years or less.
Firmographics (also known as emporographics or firm demographics) are sets of characteristics to segment prospect organizations. [1] What demographics are to people, firmographics are to organizations. However, Webster (2005) suggested that the term "firmographics" is a combination of demographics and geographics.
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