Examlex
Operational definitions are most likely to facilitate
Affordability Trap
A situation where individuals or families are unable to save for the future or improve their socio-economic status due to high living costs relative to their income.
Base-Of-The Pyramid Markets
Economically disadvantaged segments that represent a large, but often underserved, group of consumers at the bottom of the economic pyramid.
Reverse Innovation
The process of taking innovations developed in emerging markets and repackaging them for developed markets.
Emerging Markets
Countries with social or business activity in the process of rapid growth and industrialization, often characterized by high investment potential.
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