Which of the Following Findings Regarding the Base of the Pyramid

question 66

Multiple Choice

Which of the following findings regarding the base of the pyramid (BOP) strategy has significant implications for the globalization-national responsiveness framework?

• A) Building relationships directly and at the local level contributes to the reputation and fosters the trust necessary to overcome the lack of formal institutions such as the rule of law.
• B) The BOP may be an ideal environment for incubating new, leapfrog technologies.
• C) Business models forged successfully at the base of the pyramid have the potential to travel profitably to higher-income markets.
• D) The BOP strategy brings focus to those who are too poor to be viable customers for multinational companies.

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Definitions:

Assembly Line Balancing

The process of assigning tasks to workstations in an assembly line to minimize idle time and optimize throughput.

Ranked Positional Weight

A method used in operations research and decision-making that assigns weights to positions or rankings based on their order to determine overall priorities or outcomes.

Cycle Time

The total time from the beginning to the end of a process, indicating the speed at which a system produces an output.

Product-oriented Layout

A product-oriented layout, reiterated, involves arranging the production resources in a linear or sequential manner to streamline the manufacturing process of specific products, enhancing efficiency.