HRMA 2350 Study Guide - Final Guide: Millennials

• School: University of Houston
• Department: Hotel and Restaurant Management
• Course: HRMA 2350
• Professor: Boger Carl

Document Summary

Is something that involves the social and cultural aspects. An example of sociocultural is knowing about the people around you and their family backgrounds. A person born in the years following world war ii (1946-1964), when there was a temporary marked increase in the birth rate. Is the generation born after the western post world war ii baby boom. Most demographers and commentators use birth dates ranging from the early 1960s to the early 1980s. Millennials: (also known as the millennial generation or generation y) are the demographic cohort following generation x. There are no precise dates for when the generation starts and ends; most researchers and commentators use birth years ranging from the early 1980s to the early. Rapid change characterizes dynamic environments -- vigorous marketplace activity, new and evolving products, expanding markets, advancing technology, social revolutions -- and rapid change usually includes uncertainty.