Advancement in Education and Ageing Trends in Asia Quiz

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Questions and Answers

What has made India and China favorite destinations for offshore outsourcing?

  • High rate of young qualified engineers and IT professionals (correct)
  • Decrease in the number of graduates in these countries
  • Increased government regulations
  • Low technological advancements

How much is the forecast percentage increase in the population aged 75+ in Japan between 2005 and 2020?

  • 20%
  • 10%
  • 50%
  • 36% (correct)

What is the implication of the demographic shift mentioned in the text?

  • Higher expenditure on pharmaceuticals (correct)
  • Decreased interest in healthcare planning
  • Lower taxation rates
  • Increased availability of medical facilities

Where is the shift in economic, political, and military power happening?

<p>From West to East (A)</p> Signup and view all the answers

What is the predicted consumer spending in China by 2018?

<p>$2.5 trillion (A)</p> Signup and view all the answers

What is the difference between fads, trends, and principles according to the text?

<p>Playing with fads, working with trends, and living by principles. (C)</p> Signup and view all the answers

How are microtrends and macrotrends different?

<p>Microtrends are small-scale changes while macrotrends are large-scale changes. (B)</p> Signup and view all the answers

What does 'Cool-Hunting/ Trend Hunting' involve according to the text?

<p>Searching for future trends that are not yet popular. (A)</p> Signup and view all the answers

How is detecting a trend described in the text?

<p>Trying to see the future in the present. (C)</p> Signup and view all the answers

According to Mackinney (2010), how are trends characterized?

<p>By change and continuous evolution. (D)</p> Signup and view all the answers

What defines a trend according to the text?

<p>A pattern of continuing change in various aspects of life. (A)</p> Signup and view all the answers

What is the main difference between 'cool-hunting' and 'trend-spotting'?

<p>Cool-hunting focuses on studying current trends, while trend-spotting looks at developing future scenarios. (C)</p> Signup and view all the answers

What are the Fundamental Elements That Drive All Trends according to the text?

<p>Technological Innovations and Institutional Constraints (C)</p> Signup and view all the answers

How does Globalization impact organizations according to the text?

<p>It leads to new markets and demands dynamism among organizations. (C)</p> Signup and view all the answers

What term is used to describe a market situation with ardent competition, quick market changes, and easy market entry?

<p>Hyper Competition (A)</p> Signup and view all the answers

What does the Concept of Green GDP in the text refer to?

<p>Incorporating environmental factors into traditional GDP measurements. (D)</p> Signup and view all the answers

Why is the era referred to as the 'information age' according to the text?

<p>Due to the availability of information that was previously inaccessible. (B)</p> Signup and view all the answers

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