Social Change and CSR

Businesses do not exist in a social vacuum. Demographic shifts, changing consumer behaviour, ethical expectations and debates about corporate social responsibility all shape the strategic position of a business. This lesson covers AQA specification topic 3.7.6 — social and technological change — with the focus here on the social dimension.

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Demographic Change

Demographics refer to the statistical characteristics of a population — its size, age structure, geographic distribution, ethnicity and household composition. Demographic trends are among the most predictable external influences on business because population changes occur gradually.

Key UK Demographic Trends