All of the Following Are True Aspects About the 'Bottom

question 4

Multiple Choice

All of the following are true aspects about the 'bottom of the pyramid' except

• A)this socio-economic group is a focus for global businesses
• B)individuals live on less than $2 a day
• C)this socio-economic group is not a concern to global businesses
• D)the population of this socio-economic group is approximately 4 billion

---

Definitions:

Consolidated Common Stock

Common stock of a parent company combined with that of its subsidiaries in a consolidated financial statement, showing the total ownership interest in the consolidated entity.

Goodwill Impairment

A charge that companies record when the book value of goodwill exceeds its fair market value, indicating that the asset is not as valuable as previously thought.

Fair Value

The estimated market value of an asset or liability, based on current prices in active markets.

Reporting Unit

A component or segment of an organization for which discrete financial information is available and reviewed by the operating segment's management.