ACCA Applied Knowledge · Business and Technology · Social and demographic factors
A government expects net immigration of young adults to rise sharply over the next decade. Which of the following is the LEAST likely consequence for businesses in that country?
A decline in the overall domestic labour force is the least likely consequence, because net immigration of young adults adds to the workforce. Businesses would more likely see higher demand for housing and goods, greater diversity and a need to adapt products and communication.
- AA decline in the overall size of the domestic labour forceCorrect
- BIncreased demand for housing and consumer goods
- CGreater cultural diversity among employees and customers
- DNeed to adapt products and communication to new customer groups
Explanation
Immigration of young adults increases the labour force, so a decline in labour force size is the least likely outcome. The other options are typical effects: higher demand for housing and goods, more diverse workforces and customers, and a need to adapt marketing and products.
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