Examlex
Political risks can be broken down into three basic categories.These are:
Bottom of the Pyramid
Refers to the largest but poorest socioeconomic group in the world, often considered as consumers in the context of developing inclusive business strategies.
Underdeveloped Nations
Countries characterized by low levels of income, industrialization, and general living standards, often due to historical, economic, and social factors.
Resilient Entrepreneurs
Business individuals who have the ability to withstand, adapt to, and recover from adversity or failure.
Interdependence
The mutual reliance between two or more groups, persons, or systems, often found within organizational or ecological contexts.
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