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Ricord Books, a Publication House, Faced Huge Losses After 2008

Question 82

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Ricord Books, a publication house, faced huge losses after 2008. The majority of its readers were born during the late 1950s, whose population was rapidly declining. Most modern readers preferred using e-books rather than reading from hard copies. This resulted in a decrease in the sales of Ricord Books. Identify the dimension of the social environment that this scenario exemplifies.


A) Ethical policy
B) Social responsibility
C) Diverse workforce
D) Aging population

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