BU111 Lecture Notes - Lecture 11: List Of Auto Parts, 18 Months, Sole Proprietorship
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One person households growing faster than family households. Implication: lost economies of scale and living shopping; aging seniors are living alone and younger, smaller cohorts must support them, seniors have smaller support networks. More seniors lower household size less physical capabilities dont build more costcos. Lone parent families lack time lower income time saver and cheaper goods and demand. Immigration increased and the past decades, population growth due to immigration. Immigrants are younger and more likely to live in the city. Interacting in the marketplace might be difficult. Implication: increase support for multilingual customers (ex. 4 major areas: ontario/quebec golden horseshoe, montreal, bc lower mainland and. Donut effect people living outside city centre, suburbs donut is shrinking due to gen. Rural living predominant in atlantic canada, saskatchewan, territories lots of old people, exodus of youth to cities. Implication: elderly are reluctant to shop online, access to goods is difficult. Promote competition competition act, small businesses support.
