Xavier,a Recent College Graduate,is Thinking of Investing in a Home

True/False

Xavier,a recent college graduate,is thinking of investing in a home health care business.He believes this will be a profitable venture because of the increasing number of people in the U.S.that will be over 60 in the near future and more likely to need this type of service.This accurately describes a demographic trend that will affect his business choice.
When scanning the social environment for opportunities and threats,business professionals study demographic changes in their respective markets.Demographic changes can have a significant impact on business choices and career opportunities.