This is a business critical thinking question that im struggling to answer, please help

Question

Discuss how the following demographic trends might have an impact on U.S. business practices, and give examples of how businesses could respond to these changes: (a) the increased number of minorities, (b) an aging workforce (baby boomers born between 1946 and 1964), and (c) the growing number of single-parent households and changing family structures

Answer 1

This is broad but I can help you brain storm. I would pull some statistics first and go with this from that angle. I have one on aging. Right now by the year 2024 we will see an 24.8 % aging population explosion in the older generation. I think with minorities there are statistics out there you under the title work force. How do business need to adapt. I think the key term is to be more flexible. Allow working from for single parents, I know that is happening right now with the pandemic but after this is all over with I think that the companies will find that it is very doable and they will set up permanent policies in place. I hope that helps. I have a Masters degree in Management so I love questions like this. Please let me know if I can help. Deresa Claybrook